Medicaid Planning: When to Start
Planning for Medicaid
Medicaid planning is a process used to acquire Medicaid that is used to pay for nursing home care. Medicaid for the majority of people is a necessity.
(more…)Some Ways to Pay for the Nursing Home
A part of retirement is that most retirees end up in nursing homes. Living in the comfort of your own home is what you may desire as you age, but unfortunately, chronic ailments may make it difficult for you to live independently without seeking daily assistance. Therefore, nursing homes become the best option even though they are expensive. Without proper financial planning, you may not be able to afford to live in your own home or nursing home. Below are some ways to pay for nursing homes.
(more…)My Spouse Refuses to Get Medicaid. What are my Options?
If you are here, you have probably heard of government-subsidized health care but it can be difficult to distinguish between the various federally funded programs. So what is Medicaid? Created in 1965 alongside Medicare, Medicaid was part of Lyndon Johnson’s Great Society program. Since then, Medicaid has become an integral part of the American life.
Medicaid is a federal-state program that helps pay long term medical and custodial care costs.
(more…)Exempt Assests in Bonita Springs Medicaid Planning
Medicaid is a program that offers healthcare coverage to almost 60 million people who are unable to pay for medical care services. These are US citizens or any eligible immigrant with low income. It targets senior citizens with 65 years of age and above as long as they are eligible for the program and covers all the required medical services inclusive of custodial care or skilled nursing care.
(more…)Know the Rights of Fort Myers Assisted Living Residents
According to Title XXX, Chapter 429 of Florida’s statutes regarding the rights of assisted living residents in Florida, all residents cannot be deprived of their legal or civil rights, privileges or benefits guaranteed by the Constitution of the United States and the Constitution of the State of Florida. Some of the most important rights listed in the statute include:
(more…)What Defines Assisted Living in Florida?
Throughout the state of Florida, there are citizens who require specialized assistance to enjoy a reasonable standard of living. Families throughout Florida rely on assisted living facilities for a variety of reasons. Before you start investigating an assisted living situation for your loved one, you should become familiar with the details associated with this type of living arrangement.
(more…)Gifts That Can Disqualify you from Medicaid
Gifts That Can Disqualify you from Medicaid
Many times, you have heard that it is always better to give than to receive. It is a good practice unless you think that someday, you will apply for Medicaid. If you consider the Medicaid long-term care benefits, then you need to rethink about giving away your property or money, because any gifting will subject you to specific penalties. Gifting before applying for Medicaid reduces your eligibility and exposes you to the risks of penalty.
(more…)Protect your North Fort Myers Estate and Pay for Your Long-Term Health Care
The people who are best prepared for their golden years are those who understand that planning for those years is a lifelong activity. North Fort Myers residents who have had the foresight to talk to an estate planning professional should take that discussion a step further and talk about protecting assets and paying for long-term health care.
(more…)What to do When the Medicaid Agency Won’t Respect Our Power of Attorney
It is a nightmare many families want to avoid. Their loved one is in an assisted living facility but is being ordered to leave because the paperwork is no longer in order. When the family member with the loved one’s power of attorney tries to sign the forms to make things right again, the Medicaid agency refuses to acknowledge the power of attorney. Now there is a loved one on the verge of being evicted into a homeless situation and a family desperate for answers.
(more…)Protect Your Cape Coral Estate and Pay for Your Long-Term Health Care
In the world of estate planning there are specialists who can help you to handle situations that you might have never considered before. Elder law attorneys who work in Cape Coral understand the challenges that your estate faces as you get older and your medical needs change. There may come a day when you need to pay for long-term health care in the form of an assisted living facility or nursing home, and it is important to take the necessary steps to protect your estate now to help pay for those long-term care costs later.
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