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  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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

  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 […]