Medicaid and Seniors

It’s often confusing to seniors what state and federal programs they may be eligible for and how the government programs differ. For instance, I recently met with a client who had been living at home until about three years ago. At that time, he was diagnosed with Parkinson’s and, anticipating the need for greater care down the road, he made gifts to his children totaling about $200,000. This left him with about $40,000 in assets. He moved into a HUD Housing Community and he qualified for assistance and lived there for about a year.

 Read more: http://www.centralctcommunications.com/newbritainherald/article_bc46705c-7e10-11e6-80c1-737ff1aa6bfc.html