Here's the recent articles submitted by dale krause
Articles By dale krause
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 : 339 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 : 323 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 : 485 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 : 294 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 : 345 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 : 291 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 : 313 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 : 412 Times
Category : Insurance
Yet Another Victory For Community Spouse Medicaid Compliant Annuity Planning
By: dale krause
After dividing that in half, Mr. Morris' community spouse resource allowance was determined to be $53,906, leaving a spend-down amount of $51,906 after Mrs. Morris' individual resource allowance of $2,000 was retained. As such, Mrs. Morris did not qualify for Medicaid.(read
entire article)
View : 316 Times
Category : Investing / Finance
Including Financial Advisors In Medicaid And Veterans Benefits Planning
By: dale krause
How to include financial advisors in the planning process is a topic I frequently see discussed on various elder law listservs. The problem at hand is that many elder law attorneys have, or seek to have, referral relationships with local financial advisors for lead generating purposes; however, the financial advisors typically know only enough about Medicaid and Veterans Benefits planning to be dangerous.(read
entire article)
View : 296 Times
Category : Investing / Finance
