Immediate annuities can be a useful tool to protect the spouse of a nursing home resident who applies for Medicaid. These types of annuities allow the nursing home resident to spend down assets and give the spouse a guaranteed income. But immediate annuities may not work in every state, so be sure to check with … Continue reading The Use of Immediate Annuities in Medicaid Planning for Married Couples
Month: June 2017
THE FIRST OCCUPANT OF THE WHITE HOUSE
It was June 3, 1800. President John Adams arrived in Washington, D.C., for the first time. The capital city, which had been chosen by George Washington as the seat of government for the United States, was still under construction. There were no schools or churches, only a few stores and hotels, and some shacks for the workers who … Continue reading THE FIRST OCCUPANT OF THE WHITE HOUSE
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