Annuity Dangers
Under certain circumstances, annuities can be a great planning tool for financial advisers (and even estate planners, in some cases). However, for Medicaid applicants, they cause significant hurdles to resource eligibility, because they can be treated as available resources and sometimes as gifts. This often comes as a shock to persons applying for Medicaid who are otherwise eligible for benefits. Since 2006, there has been no area of elder law litigation more uncertain than
