Krause Financial Services, Inc. Press releases1 - 10 of 94 Press Releases
May 16, 2013
It's quite common for a family to bring in documentation for a handful of old life insurance policies during your planning meetings.
Apr 03, 2013
As an elder law attorney, you know that it is relatively easy to qualify an institutionalized spouse for Medicaid benefits by converting the excess countable resources into monthly income for the community spouse by way...
Feb 28, 2013
As Veterans Benefits planning increased in popularity, so did the use of insurance products in the planning marketplace. On the rare occasion one would see an immediate annuity incorrectly classified as a portion of a veteran's net worth.
Feb 07, 2013
The goal in planning for an institutionalized individual with diminished longevity is to allow the individual to immediately qualify for Medicaid, while reducing the reimbursement claim to the Medicaid program and creating the greatest possible...
Jan 31, 2013
You're not alone. If you're not an insurance agent annuities can be confusing. I'm frequently asked questions regarding the difference of annuities, and how the difference kinds are treated for eligibility purposes.
Jan 17, 2013
I had written a prior post briefly discussing the options available when a client comes into your office with a "bad" annuity. Within that post, I mentioned the three primary options were (1) exchanging the annuity...
Jan 04, 2013
Personal Services Contracts ("PSKs") are widely used in Florida as a Medicaid spend-down tool and allow for immediate Medicaid eligibility. If used alone, the PSK poses three non-Medicaid problems...
Dec 05, 2012
"Then what's the point of using a Medicaid Compliant Annuity?" I hear this quite often, in both working with newer elder law attorneys and families of the elderly. With the state Medicaid agency required to be a beneficiary..
Nov 20, 2012
Social Security and Supplemental Security Income The Social Security Administration recently announced that the monthly Social Security and Supplemental Security Income benefits will increase by...
Nov 14, 2012
It's common knowledge that American's are living longer and because of it the risk of age-related impairments increases. We know the statistics. We know everyone thinks it won't happen to them. We've heard it all.