Here's the recent articles submitted by dale krause
Articles By dale krause
Douglas V. Kardos: A Win For California Estate Recovery Against Annuities
By: dale krause
Mr. Schow entered a California nursing home in July of 2002 and received Medi-Cal benefits from that point on, until his untimely death in November of 2003. To establish his Medi-Cal eligiblity Mr. Schow's wife had purchased a Medi-Cal Compliant Annuity.(read
entire article)
View : 236 Times
Category : General
Florida Psk Planning: Increase Control And Reduce Taxes
By: dale krause
A personal services contract (“PSK”) can be an excellent tool to outline the services a caregiver is expected to provide, and compensate the individual accordingly. As long as the services are needed and reasonably valued, the PSK can be an excellent tool to facilitate a Florida Medicaid spend-down.(read
entire article)
View : 277 Times
Category : Insurance
Asset Protection Trust In Veterans Benefits Planning
By: dale krause
An Asset Protection Trust ("APT") is an Intentionally Defective Grantor Trust. An Intentionally Defective Grantor Trust is a trust that treats the assets in the trust differently for income tax purposes than for estate tax and gift tax purposes. The veteran will be the grantor, but not a beneficiary.(read
entire article)
View : 220 Times
Category : Investing / Finance
A Little-known Community Spouse Medicaid Compliant Annuity Planning Technique
By: dale krause
The legislation regarding annuities contained within the Deficit Reduction Act of 2005 ("DRA") seems to apply only to the "annuitant who has applied for medical assistance."(read
entire article)
View : 219 Times
Category : Investing / Finance
Medicaid's Treatment Of Ira Annuities
By: dale krause
In most states retirement accounts and retirement annuities are treated differently for Medicaid purposes. A retirement account will traditionally be considered under the retirement asset rules, and applied to eligibility accordingly.(read
entire article)
View : 320 Times
Category : Investing / Finance
Disallowing Partial Cures: Is It The New Trend?
By: dale krause
For those that are not familiar with the term, a partial cure exists when a giftee returns a portion of a gift to a Medicaid applicant, thereby reducing any previously applied divestment penalty period accordingly. This technique is primarily popular in reverse half-a-loaf planning. For purposes of an example, Martha will illustrate the use of a partial cure.(read
entire article)
View : 200 Times
Category : Investing / Finance
What's Next After Long-term Care Insurance?
By: dale krause
In the last five years, 10 companies that were once in the top 20 market share in the long-term care insurance industry have bailed, according to Limra, an industry research group. The most recent to leave include Prudential Financial and Metlife.(read
entire article)
View : 222 Times
Category : Insurance
Using A Promissory Note In Medicaid Planning
By: dale krause
The use of promissory notes in crisis Medicaid planning is becoming increasingly unpopular throughout the nation.(read
entire article)
View : 190 Times
Category : Legal
Veteran's Pension Benefits - Changes Are Forthcoming
By: dale krause
As a result of a performance audit conducted by the United States Government Accountability Office during the period of July 2011 to May 2012 regarding the Department of Veterans Affairs ("VA") pension program, eligibility changes are forthcoming.(read
entire article)
View : 186 Times
Category : Insurance
Attorney Disbarred After Attempted Annuity Sale To Elderly Client
By: dale krause
In the recent case of The Florida Bar v. Doherty, a Florida elder law attorney was disbarred by the Florida Supreme Court for attempting to sell an annuity to an elderly client without notifying the client key information.(read
entire article)
View : 327 Times
Category : Insurance
