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What is filial responsibility?

Video Transcription: Filial responsibility refers to the obligation imposed by statute, in many states, holding family members liable for the costs of care and upkeep for an elderly or disabled loved one. These laws differ depending on which state you are in.  And...

What is the penalty period with Medicaid?

Video Transcription: Medicaid penalizes transfers for less than fair market value. This is referred to as the penalty period. The penalty period is calculated by taking the value of the transfer for less than fair market value divided by what the state has determined...

What is elder abuse?

Video Transcription: Elder abuse is the physical, emotional, sexual, psychological, or financial abuse of an elder. Defined as someone aged 60 or older. Many states have expanded the definition of elder abuse to also include other vulnerable individuals such as those...