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North Carolina Medicaid Changes
Posted on: October 9th, 2015
Lawmakers recently reached compromises in a few key areas and ultimately agreed to privatize North Carolina’s Medicaid program. ...
3 Problems With Life Estate Title of Real Property
Posted on: September 2nd, 2014
Real estate laws in North Carolina allow property owners to create and convey remainder interests in real property, while retaining lifetime rights to the property (a life estate). ...
Long-Term Care Insurance Industry Shakeout
Posted on: March 13th, 2012
Those considering long-term care insurance should be aware of recent several changes in the long-term care insurance industry. Guardian stopped offering the insurance as of December 31, 2011, ...
Execution of Promissory Notes and Deeds of Trust is Transfer for Medicaid Purposes
Posted on: August 10th, 2011
From today’s NEALA eBulletin: Leola Joyner had been a Medicaid recipient since November 2005. She executed two promissory notes on March 1, 2006, secured by correlating deeds of trust in favor of her son. ...
Beware of “Medicaid Friendly” Annuities versus “Medicaid Compliant” Annuities
Posted on: September 27th, 2010
I have had a few clients who have been sold “Medicaid Friendly” Annuities. In at least one case, the annuity salesman sold the client a “Medicaid Friendly” annuity in the local senior center....
What is Medicaid Planning?
Posted on: August 5th, 2010
This post is by elder law attorney Kristin L. Burrows, who recently joined my firm. Look for more entries from her in the future, focusing on elder law....
Statute of Limitations Does Not Apply to Medicaid Estate Recovery
Posted on: July 15th, 2010
The North Carolina Medicaid program paid a total of $52,575.14 in nursing home costs for Sallie Anthony. After Mrs. Anthony’s death, Anna Thompkins, who would become the Executrix of Anthony’s estate, contacted the State to inquire about its claim for the Medicaid expenditures....
NC Medicaid Beneficiary Liable for Overpayment
Posted on: April 28th, 2010
In this North Carolina Court of Appeals case a Medicaid beneficiary was held liable for overpayment of Medicaid benefits when a newly discovered asset caused her to assets to exceed the resource limit: ...
Purchase Agreement Not Countable Resource for Medicaid
Posted on: November 10th, 2009
This report on the NC case of Estate of Wilson is from the National Academy of Elder Law Attorneys (NAELA)’s eNewsletter: Kenneth Wilson was hospitalized from January 7, 2007 through the date of his death on February 22, 2007. While he was hospitalized, his community spouse, Doris, sold her 100% stock ownership in Brothers Deliver Service to her son pursuant to a purchase agreement. ...
Real Property Transfer on Death Act
Posted on: September 15th, 2008
BY CHRIS BURTI, VICE PRESIDENT, SENIOR LEGAL COUNSEL, STATEWIDE TITLE, INC. Elder Law is becoming a burgeoning practice area as the Baby Boomer Generation is rapidly beginning to gray out. ...
Medicaid Penalty Changes in NC Effective January 1, 2007
Posted on: December 8th, 2007
On February 8, 2006, the federal government implemented increased restrictions on gifts made before applying for Medicaid coverage. ...
New Medicaid Rules to Start November 1, 2007
Posted on: October 3rd, 2007
I previously blogged about the changes in the federal Medicaid laws that took place last year. The implementation in North Carolina has been delayed several times,...
NC Medicaid Changes Delayed – Again
Posted on: April 30th, 2007
I previously reported briefly on the Medicaid changes required by the Deficit Reduction Act of 2005....
New Medicaid Rules to Start in NC April 1, 2007
Posted on: March 27th, 2007
I previously reported that the changes in the Medicaid rules from the Deficient Reduction Act were to become effective in North Carolina on March 1, 2007. Now it appears that the implementation date has been moved to April 1, 2007. ...
North Carolina Medicaid Changes to take effect March 1, 2007
Posted on: January 4th, 2007
My entry of December 8 briefly discussed the changes to the Medicaid rules in North Carolina which were thought to take effect on January 1st. ...