Does Medicaid Disqualify Mom If I Am On Her Checking Account?

Mom has Alzheimer’s and I am on her checking account. Mom is living with family but eventually will go to a nursing home. I am paying her bills from her checking account. What does Medicaid look for when the time comes to apply? Do they check every written check for the past five years? What [...]

Share
Posted Under: Elder Law
This post was written by Michael on March 8, 2011 Comments (0)

New Reverse Mortgage Product Has Lower Upfront Costs

A new mortgage product is making “reverse” mortgages more affordable. Reverse mortgages typically have high fees, but the new Home Equity Conversion Mortgage (HECM) Saver allows borrowers to get a reverse mortgage with lower upfront costs as long as they are willing to borrow a smaller amount. A reverse mortgage allows homeowners who are at [...]

Share
Posted Under: Elder Law,Estate Planning,Real Estate
This post was written by Michael on March 1, 2011 Comments (0)