This case study involves advising a couple, both in their 80s, where one has early stage Alzheimer's disease. There are variations for different income and asset levels. In addition to Medicaid planning, this example focuses on ethical issues due to conflicts of interest as well as diminished capacity to retain counsel. Case Study No. This continues the second case study, and also introduces a variation where the assets are in excess of the unified credit, and include a homestead and a large IRA, thus creating a gift and estate tax issues.
Discussion continues on some of the ethical issues, both in terms of conflict and capacity.