Elder Law Today Podcast #3 Live Call in

In the third
installment of his podcast, Elder Law Today, Yale Hauptman, a
practicing New Jersey elder law attorney, answers listeners’
questions by phone and email. Yale corrects common misconceptions
people have about some of the basic legal issues facing seniors
today. For example, Yale explains that making gifts up to the annual
gift tax exclusion amount will carry a Medicaid transfer penalty.
Yale explains what probate is and why you don’t necessarily
have to fear and avoid it.

Learn why it is a good
idea to have a will and not rely on a state’s intestacy laws to
distribute your assets. Is it a good idea for a parent to transfer
his/her home to the children? Yale discusses the pros and cons to
consider from a Medicaid, tax and long term care perspective.

Yale answers a
caller’s question on a little known Veterans Administration
benefit that can provide much needed additional monthly income to be
used for home care and assisted living care. These are just some of
the topics covered in a very informative and enlightening evening.

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