Without proper planning, decisions regarding an elderly person’s care and home can create unintended tax and Medicaid eligibility problems. This seminar and book take a practical look at the increasing number of situations in which elderly people choose to live at home or with family members. In these pages, you will learn about the family caregiver agreement, an increasingly popular and effective means to consider for insuring that clients’ goals are met. Explore the advantages and disadvantages of caregiver contracts, how they work, how to effectively draft these important documents, what tricky real estate issues can arise, and what laws and regulations apply to them.
Summary of ContentsFamily Care Agreements or Personal Service Contracts
Family Caregiver Agreement – Sample Clauses
Family Reimbursement Agreement
Family “Caregiver” Exception to Medicaid Transfer Rules
Life Estates under the Deficit Reduction Act of 2005
Real Estate Issues for the Elder Law Practitioner