Is Medicaid Planning Illegal?

NO. Medicaid planning is no more illegal than seeking the advice of an accountant or tax attorney to minimize your income taxes. The government sets the law for taxes and for qualifying for Medicaid. These requirements change on a regular basis. It is important to seek the advice of a competent professional in order to take advantage of all the law allows.

James Gandolfini’s will–a dicussion of the merits of the document.

The NY Times has an interesting article about James Gandolfini’s will. In particular, it points out some common mistakes that are made in the will of many in the general public. For example, leaving property to someone not of age to properly decide what to do with the property, not making allowances for who is required to pay for upkeep of shared property, and problems with ownership of foreign property.