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Estate Planning
: Louisiana Estate PlanningFree Medicaid Planning Report Now Available on My Website
By Myrna Arroyo
In response to frequent questions about Medicaid planning, I have put together a free report titled "The Top 10 Medicaid Planning Mistakes and How to Avoid Them." In this report I cover the most common medicaid planning mistakes I run into in my practice. These mistakes can cause you to lose thousands of dollars in lost Medicaid eligibility. The 10 Mistakes are:
- Failing to Plan Ahead
- Failing to Keep Accurate Financial Records Needed to Prove Eligibility
- Not Having an Updated Durable Power of Attorney
- Not Using a Care Agreement When Eligible
- Confusing Estate Tax and Medicaid Gift Rules
- Not Considering Long Term Care Insurance
- Adding Your Children's Names to Your Assets
- Having the Wrong Kind of Trust
- Not Having a HIPAA authorization
- Not Working with Qualified Estate Planning Attorney
To find out more about these common mistakes, and how to avoid them, you can request a copy of the Free Medicaid report by visiting http://www.myrnaearroyo.com/medicaid_planning.
Full post as published by Louisiana Estate Planning on November 17, 2007 (boomark / email).
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