367-A North Parkway Suite 5 PO Box 12488 Jackson, 38305 | 731-661-0665 | www.nancychoate.com
Elder Law News
The Law Office of Nancy L. Choate
367-A N. Parkway, Suite 5
Jackson, TN 38305
731-661-0665
The Law Office of Nancy L. Choate is a law firm providing comprehensive strategic solutions in the areas of estate planning, trust and probate administration, business planning, elder law and special needs planning. For more information, visit our website at www.nancychoate.com.
A federal appeals court has ruled that Medicaid officials must accept applicants' short-term annuities, providing more certainty for Medicaid applicants' use of this important planning tool.
If you are able to continue working while receiving Social Security benefits, you can increase your overall benefit. In addition, although your benefits may be reduced due to your work, you can recoup those lost benefits.
Some parents, fearful of how a large inheritance will affect their heirs, set up what are known as “incentive trusts” that ensure that the trust funds support positive behavior and discourage unproductive activities.