As of January 2025, the Medicaid gross monthly income limit increased from $2,829 (2024) to $2,991 . Yes – it went from $2,829 to $2,991. It’s a small increase (typical every year to account for inflation), but it’s an increase, and that extra $162 per month now lets some people qualify automatically who were previously $50–$100 over the old limit. The 2025 Medicaid Numbers You Need to Know Gross Monthly Income Limit: $2,991 Asset Limit: $2,000  (unchanged) – you must be able

During an estate planning consultation I ran into a situation I’ve seen many times over the years—one that I suspect happens far more often than people realize. Because so many families face the same dilemma, I wanted to break it down in a way that can help others who are weighing similar choices in their estate planning. Meet “Bob” and His Two Estate Planning Goals For privacy reasons, we’ll call today’s client “Bob.” Bob came in with two very common goals: Keep costs as low

One of the questions we're asked almost every week by new clients is: “Do I really need a living trust, or is it fine to just put my kids (or whoever) as beneficiaries/POD on my bank and retirement accounts?” It sounds like a simple shortcut. After all, both methods avoid probate. But in practice, relying only on beneficiary designations (also called TOD for stocks or POD for bank accounts) is one of the most common and costly estate-planning mistakes I see. Here’s the plain-