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What happens when using the second and third option once the resident needs assisted living? Is the outcome the same in that they will lose the house if on Medicaid?
Nadeau v. Thorne - No Reason To Fear
The recent Massachusetts decision in Nadeau v. Thorne considering a primary residence held in a Grantor trust as an available resource and thereby disqualifying the Medicaid applicant has the Medicaid industry in turmoil. A careful review, however, will calm any fears that this in anyway changes...
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Mar 14, 2016
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