GDGC is pleased to announce the first LARGE PRINT version of the Guidebook!
Fill out the form to the right to receive "Your Guide to Elder Law & Estate Planning."
Top 10 Myths of Elder Law & Estate Planning
1. A revocable trust avoids estate taxes.
2. A joint account is not a countable asset for Medicaid purposes.
3. A power of attorney can make health care decisions.
4. An IRS tax-free gift does not count as a gift for Medicaid purposes.
5. A Will governs all assets, even accounts with joint titleholders or beneficiaries.
6. You can’t own a home and be eligible for Medicaid benefits.
7. Life insurance is not part of your taxable estate.
8. An IRA is a countable resource for Medicaid purposes.
9. A young person does not need Advance Directives.
10. A disabled person cannot inherit money without losing government benefits.
Find out why all of the above are incorrect and get all the right answers inside our Guidebook.