Category archives: Medicaid
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5 days ago
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Nursing home residents do not automatically have to sell their homes in order to qualify for Medicaid, but that doesn't mean the house is completely protected. The state will likely put a lien on the house while the resident is living and attempt to recover the property after the resident has passed... [read more]
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2 months ago
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Federal law requires the state to attempt to recover the long-term care benefits from a Medicaid recipient's estate after the recipient's death. If steps aren't taken to protect the Medicaid recipient's house, it may need to be sold to settle the claim.
For Medicaid recipients age 55 or older... [read more]
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2 months ago
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An annuity can be a useful tool for long-term care planning, but annuities are also complex financial products that are hard to understand. If purchasing an annuity, you need to consider your options carefully.
An annuity is a contract with an insurance company under which the consumer pays t... [read more]
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3 months ago
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With careful Medicaid planning, you may be able to preserve some of your estate for your children or other heirs while meeting Medicaid's low asset limit.
The problem with transferring assets is that you have given them away. You no longer control them, and even a trusted child or other relat... [read more]
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4 months ago
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In order to be eligible for Medicaid, you cannot have recently transferred assets. Congress does not want you to move into a nursing home on Monday, give all your money to your children (or whomever) on Tuesday, and qualify for Medicaid on Wednesday. So it has imposed a penalty on people who transfe... [read more]
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4 months ago
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One question we're often asked by clients is if we can help them find resources to help cover the high costs that can often be associated with aging; such as at-home care or a skilled nursing facility. Our answer is that we are happy to help clients address these concerns by evaluating benefits such... [read more]
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4 months ago
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Hospice care is supposed to help terminally ill patients maintain their quality of life at the end of their life, but two new government reports find that serious problems in some hospices may be actually causing harm to hospice patients. The reports propose that additional safeguards are needed.
... [read more]
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5 months ago
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In most states, transferring your house to your children (or someone else) may lead to a Medicaid penalty period, which would make you ineligible for Medicaid for a period of time. However, there are circumstances in which transferring a house will not result in a penalty period.
One of those... [read more]
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5 months ago
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Please join us for the Active After 50 Senior Expo at the Thrasher- Horne Center, located at 283 College Drive, Orange Park, Florida, 32065 on Wednesday August 14, 2019 from 9:30 a.m. – 2:00 p.m.
This outstanding free community event features over 70 local exhibitors showcasing their products... [read more]
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6 months ago
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A recent push by the federal government to change Medicaid’s funding structure is raising concerns among disability rights advocates that the effort will slash funding for necessary services.
At present, Medicaid is a joint partnership between the federal and individual state governments, and the... [read more]
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6 months ago
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We're often asked by clients how our Elder Law Attorneys can help them be prepared for the need of long-term care. Our answer is that as a part of thorough Estate Planning, we create documents that are flexible enough to allow the use of various strategies to obtain and pay for long-term care. Sourc... [read more]
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6 months ago
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We’ve all heard that it’s better to give than to receive, but if you think you might someday want to apply for Medicaid long-term care benefits, you need to be careful because giving away money or property can interfere with your eligibility.
Under federal Medicaid law, if you transfer certain a... [read more]
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