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Promissory notes and Medicaid planning: A primer

Here is a short primer on promissory notes and their use in elder law practice. What is a Medicaid-compliant promissory note? A loan is a transfer of a resource from a lender to a borrower, in exchange for the borrower’s promise to repay. A Medicaid-compliant promissory note is a written promise to repay a loan that contains ...

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