Transfer methods explained in this guide
Annual gift-tax exemption (UNLIMITED BENEFICIARES - VERY VALUABLE TOOL)
Annuities owned by the applicant
Annuities owned by the spouse
Children / Grandchildren / Great grandchildren's education
College expense contribution
College trust
Durable Power of Attorney
Estate
Exemption - Long-Term Care Partnerships with States
Exemption - Annual gift
Exemption - Funeral expenses
Exemption - Single and joint accounts
Funeral arrangements (unlimited beneficiaries are allowed)
Funeral Association payments
Government bonds
House ownership
Immediate annuity
Income streams - create for spouse and children
Income-only trusts
Insurance - BUY ALL THE HEALTH INSURANCE YOU CAN - IT IS ACCEPTED BY MEDICAID
Irrevocable trusts
Joint accounts explained
Joint accounts changed to spouse account
Life estate
Life insurance
Limited Liability Corporation (LLC)
Loans and mortgages
Long-term care insurance
Medicaid application explained
Medical expense contribution
Medical, optical, dental insurance – GET ALL YOU CAN - IT IS ACCEPTED BY MEDICAID
Medical trust
Miller Trust
Payments to cover expenses for another person
Permitted transfers
Rental property
Reverse mortgage
Revocable trusts
Savings bonds
Shelter countable assets by exchanging them
Spend down on yourself
Spousal benefits
Spousal income and savings limits
Supplemental needs trusts
Testamentary trusts
The home
Transfers
Trusts
Wills
Annual gift-tax exemption (UNLIMITED BENEFICIARES - VERY VALUABLE TOOL)
Annuities owned by the applicant
Annuities owned by the spouse
Children / Grandchildren / Great grandchildren's education
College expense contribution
College trust
Durable Power of Attorney
Estate
Exemption - Long-Term Care Partnerships with States
Exemption - Annual gift
Exemption - Funeral expenses
Exemption - Single and joint accounts
Funeral arrangements (unlimited beneficiaries are allowed)
Funeral Association payments
Government bonds
House ownership
Immediate annuity
Income streams - create for spouse and children
Income-only trusts
Insurance - BUY ALL THE HEALTH INSURANCE YOU CAN - IT IS ACCEPTED BY MEDICAID
Irrevocable trusts
Joint accounts explained
Joint accounts changed to spouse account
Life estate
Life insurance
Limited Liability Corporation (LLC)
Loans and mortgages
Long-term care insurance
Medicaid application explained
Medical expense contribution
Medical, optical, dental insurance – GET ALL YOU CAN - IT IS ACCEPTED BY MEDICAID
Medical trust
Miller Trust
Payments to cover expenses for another person
Permitted transfers
Rental property
Reverse mortgage
Revocable trusts
Savings bonds
Shelter countable assets by exchanging them
Spend down on yourself
Spousal benefits
Spousal income and savings limits
Supplemental needs trusts
Testamentary trusts
The home
Transfers
Trusts
Wills