This handy guide explains “countable assets” and “qualifying expenses” and also provides case studies as examples. Know who can give and receive and how.
Lacking access to alternatives like long-term care insurance or Medicare, most people pay out of their own pockets for long-term care until they become eligible for Medicaid. Since few people have long-term care insurance or can afford to pay the high cost of nursing home care out-of-pocket, most people eventually qualify for Medicaid. By default, it has become the primary source of funding for nursing home care and the long-term care insurance of the middle class. Download the Free Guide by Clicking here.
Be sure you plan accurately and wisely. Any errors can cause Medicaid to deny your claim, impose a penalty period–setting back your plans for you and your family, and cost you money. Let me know if you have any further questions. Our Free Medicaid Planning Consultation (a $450 value) ends 8/31/13.
Many of my clients come to me by referral from other clients and other lawyers. And, many have had another lawyer prepare their Will years ago. It is not necessary for you to contact that lawyer or law firm if you want to make a revision. Changes in marital status, relationships, tax laws, assets, relocation or simply having different feelings are all valid reasons for you to review your Will and make a change if you desire. Once done you’ll feel better knowing your wishes will be met. Our documents are drafted using effective, but simple non-legalease “mumbo jumbo”, so that you can understand what you are signing.
Additionally, if you are the executor named in a Will of a friend or loved one, which was prepared by another Law Firm, you do not have to use that Law Firm to assist you with the estate proceedings when that friend or loved one dies. Often that firm, or the attorney, will be a stranger to you, may be in another state, may not have a helpful personality, may be non-responsive, or just may no longer be a practicing law.
Feel free to give me a call or email me in either situation. As your attorney I can be helpful in consolidating and simplifying the legal process for you.
The family of Eryetha Mayberry has advice for other families with loved ones in nursing homes. The family secretly video taped loved their ones care and it led to the trial of the woman who assaulted and abused a 96-year-old woman.
Always check the health of your loved one on every visit. Bruises, any sores, and bedsores can be a sign of neglect or abuse. There are laws in place to protect the elderly. If you think you or a family member may be a victim we are here to help. You can email me directly or visit our firm’s website for more information.