When Medicaid Planning:

1.      Know the exceptions to the transfer penalty rules

2.      Consider the relevant variables in calculating the partial gift/promissory note amounts

3.      Consider drafting flexibility in a Medicaid plan in case your client's situation changes

4.      Have a tracking system in place for timely filings in connection with a Medicaid application

With over 35 years of experience, the Managing Partner of Russo Law Group and Founding Principal of ElderCounsel, Vincent J. Russo, shares practical examples of how a Medicaid plan has gone south and ways to avoid this from happening in your practice. Vincent will highlight some common pitfalls that every attorney should be aware of and strategies to implement successful Medicaid plans for your clients.