How to Qualify for Medicaid: Eligibility and Transfer Rules
When applying for Medicaid, many people often forget about life insurance. But depending on the type of life insurance and the value of the policy, it can count as an asset. ...
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Medicaid 101
Navigating the Medicaid application process can be complicated, especially if you are applying for long-term care benefits. Having an attorney help you through the process can be extremely helpful. ...
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Medicaid 101
You may have heard that transferring assets, or helping someone to transfer assets, to achieve Medicaid eligibility is a crime. Is this true? ...
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Medicaid 101
As they grow older, your parents may prefer to continue living in their home rather than moving to a long-term care facility. They are not alone in this; more than three-quarters of adults over the age of 50 say they...
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Elderlaw 101
Do you need an attorney for even "simple" Medicaid planning? This depends on your situation, but in most cases, the prudent answer would be "yes." ...
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Medicaid 101
Federal Medicaid law states that the community spouse can keep all of his or her assets by simply refusing to support the institutionalized spouse. ...
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Medicaid 101
After a Medicaid recipient dies, the state must attempt to recoup whatever benefits it paid for the recipient's care from their estate. There are steps you can take to protect your home from estate recovery.
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Medicaid 101
A promissory note is normally given in return for a loan. Classifying transfers as loans rather than gifts can be useful because it sometimes allows parents to "lend" assets to their children and still maintain Medicaid eligibility.
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Medicaid 101
With careful Medicaid planning, you may be able to preserve some of your estate for your children or other heirs while meeting the Medicaid asset limit. The problem with transferring assets is no longer controlling them.
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Medicaid 101