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The Medicaid Planning Handbook: A Guide to Protecting Your Family's Assets from Catastrophic Nursing Home Costs
 
 
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The Medicaid Planning Handbook: A Guide to Protecting Your Family's Assets from Catastrophic Nursing Home Costs (Paperback)

by Alexander A. Bove Jr. (Author) "In the beginning there was the Green family and the Benson family..." (more)
Key Phrases: spousal resource allowance, disqualifying transfer, spousal income allowance, Important Note, Social Security, Cape Cod (more...)
3.3 out of 5 stars  (10 customer reviews)

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Editorial Reviews
From Library Journal
A family coping with the serious illness of one of its members can be emotionally devastated. Not the least of their concerns is the crippling financial burden that accompanies a long-term health problem. Attorney Bove shows how to plan for the economic side of catastrophic illness. Bove walks us through the Medicaid morass, packing a small book with facts, definitions, and case studies that illustrate how to protect family assets when a loved one is entering a nursing home. He explains the laws governing Medicaid and Medicare and distinguishes revocable and irrevocable trusts as well as the role they play in preserving financial stability. He also discusses long-term care insurance, durable powers of attorney, and arranging for the guardianship of incompetent persons. Bove's book lacks the sample forms and model trusts included in Armond D. Budish's Avoiding the Medicaid Trap ( LJ 7/89), but is nonetheless a concise presentation of valuable information. Highly recommended for public libraries.
- Joan Pedzich, Harris, Beach & Wilcox, Rochester, N.Y.
Copyright 1992 Reed Business Information, Inc. --This text refers to an out of print or unavailable edition of this title.

Product Details
  • Paperback: 188 pages
  • Publisher: Little, Brown and Company; 2 Rev Sub edition (February 1, 1996)
  • Language: English
  • ISBN-10: 0316103748
  • ISBN-13: 978-0316103749
  • Product Dimensions: 9 x 6.3 x 0.5 inches
  • Shipping Weight: 7.2 ounces (View shipping rates and policies)
  • Average Customer Review: