Medicaid is jointly funded state and federal health insurance program to help low-income individuals receive medical care and defray the cost of prescription drugs. The program also provides benefits Medicare ...
No one expects the spouse of a nursing home resident to die before the resident, but it can and does happen. If no plan was put in place beforehand, a ...
A person who receives a monthly Supplemental Security Income (SSI) benefit is allowed to have up to $2,000 in countable assets ($3,000 for a married couple). If you have more ...
Another downfall to gifting assets is that the children given the assets may not save for the parent’s needs. When a trust is used to protect assets for long-term care ...
Recently, planners have advertised, promoted, and nearly shouted about a type of planning known as VA planning. VA planning plays an extremely important role in determining benefit eligibility. Typically, these ...
A common myth that we hear is that Medicaid will take away your home when you apply. Like most myths, there is a thread of truth in this statement, but ...
While estate planning in general is a very broad topic, the most important thing to remember about estate planning in regards to Medicaid is that people sometimes die in the ...
The Medicaid spend down is the amount of countable assets that a person must spend on medical expenses before qualifying for Medicaid. Managing how best to handle the spend down ...
Medicaid planning, at its base, is working within the Medicaid laws and rules to protect assets and ensure a suitable quality of life for the patient, the patient’s spouse and ...
Your elder law attorney will have a complete list of the requirements and information that is needed for Ohio’s Medicaid application process. It is important to be open and honest ...