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- Articles to Help Build Your Practice -

Understanding Guaranty Associations: What you and Your Clients Need to Know Before Purchasing Insurance Products

POSTED ON - July 24, 2019

Written By Krause Financial Services

An insurance guaranty association is essentially an insurance company for the insurance company. If the insurance company becomes unable to pay their policyholders or claimants, this guaranty association would step in to make sure these […]
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MaineCare Section 1115 Demonstration Waiver Denied by New Governor

POSTED ON - February 13, 2019

Written By Krause Financial Services

  A MaineCare waiver that would have fundamentally changed crisis planning for married couples was rejected in its entirety by new Democratic Governor, Janet Mills.  The waiver was put into motion by former Republican governor […]

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The Gift Tax Exclusion and Medicaid Eligibility

POSTED ON - February 6, 2019

Written By Krause Financial Services

Many people may misinterpret the Gift Tax Exclusion and assume, incorrectly, that the amount they gift to a loved one will not have any effect on their Medicaid eligibility. As you are planning with your […]

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Planning for a Funeral; Goods and Services

POSTED ON - January 23, 2019

Written By Krause Financial Services

When a loved one has passed, naturally one would start thinking of and planning a funeral. However, many people do not realize the cost associated with a funeral and how, if your loved one has […]

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Immediate Annuities: Understanding the Parties

POSTED ON - January 16, 2019

Written By Dale Krause J.D., LL.M.

First, what makes an annuity “immediate” For an annuity to be “immediate,” it must be annuitized.  Once annuitized, the product no longer has cash surrender value, unlike tax-deferred annuities which always have cash value.  For […]

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Top 6 Medicaid Planning Resources You Don't Want to Miss

POSTED ON - January 9, 2019

Written By Krause Financial Services

Year after year, successful Elder Law attorneys and their staff rely on Krause Financial Services Medicaid planning resources. Want to know what they already know? Here are our “Top 6 Top 6 Medicaid Planning Resources […]

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Top 5 Blog Posts for 2018

POSTED ON - December 19, 2018

Written By Krause Financial Services

With 2018 nearly behind us, we created a list of our top blog posts for the year. This includes posts about the major VA change as well as other more informative blog posts that are […]

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5 Reasons to Purchase an Irrevocable Funeral Expense Trust

POSTED ON - December 5, 2018

Written By Krause Financial Services

An Irrevocable Funeral Expense Trust is a trust your client would fund in order to pay for their funeral down the line. Here a just a few of the reasons your client may want to […]

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2019 SSI and Spousal Impoverishment Standards

POSTED ON - November 14, 2018

Written By Krause Financial Services

  The Centers for Medicaid and CHIP Services (CMCS) have announced an update for the 2019 SSI and Spousal Impoverishment Standards. Starting January 1, 2019, the Minimum MMNA will be $2,057.50  in all states except Alaska and Hawaii. The Maximum […]

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