Social benefit programs designed to help people with disabilities typically have restrictions on how much money the beneficiary can have. Caps on monthly income and total assets owned are a major restriction on parents trying to complete an estate plan. Leaving money...
Medicaid – What Can I Keep?
Oct 8, 2021 | Medicaid Planning and Asset Protection
The expense of nursing home care can rapidly deplete the lifetime savings of couples. There is a common misconception that a couple must use up all of their available assets for care before one spouse becomes eligible for Medicaid. The Department of Human Services has...
What is Medicaid?
Feb 8, 2021 | Medicaid Planning and Asset Protection
Long-term care for a loved one can be expensive. A short stay in a rehabilitative center or a more permanent transition to a nursing facility can rapidly exhaust assets. When private insurance isn’t available, the government provides a safety net through Medicaid....