Dra Medicaid Compliant Annuities

Deficit Reduction Act (DRA) 2006. Prior to the DRA, annuities were treated as exempt assets and consideration of an individual’s annuities held or recently transferred were not considered when determining eligibility for Prior to the DRA, Medicaid disregarded the full value of any ... Read Here

Annuities Post DRA
To purchase two (2) Medicaid Compliant Annuities. The first would be a Tax-Qualified Medicaid Compli-ant Annuity, and the second would be a Non Tax- Annuities Post DRA Cheryl L. Fletcher, RFC www.APSannuities.com Please Visit Us At Our Website: Mailing Address ... View Full Source

Elder Law Notes - Alabama State Bar
Medicaid Directors sends Letter to CMS Pretty much conceding defeat in the Courts, the National recent cases have upheld the purchase of DRA compliant annuities by community spouses to protect resources in excess ... Document Retrieval

Areyou$required$to$designatethestateas$a$beneficiary$on$Medicaid$Compliant$Annuities$consisting$of$ (“DRA”),!this!no!longer!holds!true.!! The!majority!of!the!states!have!published!their!own!requirements!regarding!the!beneficiary!rules! ... Retrieve Document

ENNSYLVANIA EDICAID NNUITIES - Welcome To PaANNUITY.COM
The lawyers’ trusted source for the purchase of Medicaid compliant annuities for Pennsylvania residents the Deficit Reduction Act of 2005 ("DRA"), Pub. L. No. 109-171, 120 Stat. 4 (2006), was signed into law. The DRA contains amendments to the Social Security Act "effecting broad ... Read Content

The Use Of Annuities In Michigan Medicaid Planning
Deficit Reduction Act of 2005 – Signed into law on February 8, 2006 – Michigan implemented DRA on July 1, 2007 Medicaid Compliant Annuities do not normally make a payment . in the same month as the Contract. With the first payment in the . ... Fetch Content

MEDICAID STRATEGIES POST-DRA - NYSSCPA.ORG | The Web Site Of ...
Nce the DRA is fully implemented, Medicaid and asset-preservation strategies will fall into two categories. The first contains the many strate-gies that were effective before the DRA and remain so. ■ The use of DRA-compliant annuities and promissory notes ... Retrieve Doc

NYSBA Sections Elder Law ENews
For Medicaid Applications filed on or after January 1, 2010: inasmuch as this was a fully compensated transfer pursuant to a DRA compliant promissory note. The annuities governed by 06 OMM/ADM-5 (non-qualified funds); ... Access Doc

Tools, Techs, Strats To Bulid EL Practice 4.28
8:30 – 9:00 Medicaid Planning Strategies: Creating Specific Plans to Meet Clients’ Needs from Long Range Planning to Crisis Intervention The use of DRA compliant annuities and promissory notes, enhancing the community spouse resource and income allowances, and the ... Fetch Full Source

Promissory Note Decisions: A Note Of Certainty In Post DRA ...
DRA-compliant promissory notes for individuals who are in imminent need of for Medicaid planning such as promis-sory notes, personal service contracts and annuities. It appears that the use of the promissory note is one of the most likely to succeed. The DRA compliant promissory note ... Retrieve Here

BIOGRAPHY . Dale M. Krause, J.D., LL.M. For more than 20 years, Dale M. Krause, J.D., LL.M., has provided Medicaid Compliant Annuities to elder law attorneys, and their clients, on a national level. ... Retrieve Document

ESQ CELA ILVERBERG RESIDENT - New Jersey Elder Law Attorney ...
DRA-Compliant Annuities Dear Ms. Mann: Under the Deficit Reduction Act of 2005, Section 6013 (“CMS Guidance”), these states argue 2 “These annuities are marketed as “Medicaid compliant,” meaning that the money used to ... Read Here

Medicaid Planning Seminar (education And Sales/marketing ...
Gifting Strategies: Post DRA 2005 Medicaid Compliant Annuities Case Study 1: Marital Crisis Case Case Study 2: Single Crisis Case Case Study 3: Marital Pre-Planning Case Happy Hour/Dinner (on your own) DAY 2: MARKETING & COACHING How to become the local Trusted Advisor ... Read Full Source

medicaid Planning [Read-Only] - The Wealth Preservation ...
Gifting Strategies: Post DRA 2005 Medicaid Compliant Annuities Case Study 1: Marital Crisis Case Case Study 2: Single Crisis Case Case Study 3: Marital Pre-Planning Case Happy Hour/Dinner (on your own) DAY 2: MARKETING & COACHING How to become the local Trusted Advisor ... Access Doc

A Guide To Medicaid Annuities For Pennsylvania Lawyers
As a result of the Deficit Reduction Act of 2005 (DRA) Pennsylvania’s leading supplier of Medicaid compliant annuities. PCM has over ten years of experience in helping Pennsylvania attorneys meet the unique requirements of Pennsylvania ... Access Full Source

THURSDAY, NOVEMBER 1, 2012
Since the inception of DRA, the trend for annuities has been short short short. This An In-Depth Look at Medicaid Compliant Annuities During this session attendees will start by reviewing the basic rules of Medicaid ... Visit Document

Olsenelderlaw.com
The Deficit Reduction Act of 2005, Medicaid Changes: 1. Homeplace Limit. use of DRA-compliant annuities or promissory notes, and the use of pooled trusts. Post DRA-Law. The Medicaid applicant or her spouse must disclose interest in ann. ... Get Doc

Indiana’s New (Revised) Medicaid Law For The Solo Or Small Firm
Indiana published its new proposed DRA compliant rules on August 29, The rule defined real property transactions as annuities. The DRA clearly provides that the State will only have a beneficial interest in annuities to conform to the Deficit Reduction Act of 2005, Pub. L. No. 109 ... Read Content