Without proper planning, decisions regarding an elderly person’s care and personal property can create unintended tax and Medicaid eligibility problems.
These materials 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 chapters, you will learn about the family caregiver agreement, an increasingly popular and effective means to consider for insuring that clients’ goals are met.
This book explains 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 Contents
- Drafting Effective Agreements, Tips and Tricks
- Compensating Family Caregivers and Navigating Tax Pitfalls
- Medicaid Exceptions and Transfer of Real Estate
- Appendix: Sample Contracts