Friday, January 04, 2008
More States May Clamp Down on Improper Asset Transfers
Elder-law attorneys are concerned that the new year will bring new rules in a number of states regarding how — and if — immediate annuities can work with Medicaid eligibility and planning.
Brokers and advisers who are unaware of these rules could inadvertently sell products at odds with state law, possibly resulting in clients' losing publicly funded long-term-care services, attorneys said.
More States May Clamp Down on Improper Asset Transfers
Source: Investment News (subscription required)
Brokers and advisers who are unaware of these rules could inadvertently sell products at odds with state law, possibly resulting in clients' losing publicly funded long-term-care services, attorneys said.
More States May Clamp Down on Improper Asset Transfers
Source: Investment News (subscription required)
Permalink posted by armandn @ 7:43 AM 
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