Medicaid spend-down allows individuals to qualify for Medicaid by reducing their countable assets and income to a certain level. It is a daunting task, but with the right guidance and support from a qualified Medicaid attorney, the spend-down process can help accelerate Medicaid eligibility while protecting assets.
With MAPTs, families can ensure their hard-earned savings aren’t drastically diminished if they require long-term care or assistance, such as a nursing home placement. In this article, we will discuss all you need to know about MAPTs so that you and your family can make informed decisions about your finances in light of possible future health needs.
The Ohio Department of Medicaid recently released eligibility requirements for 2024. In this article. we'll provide a comprehensive and up-to-date guide on Medicaid's asset and income limits, and offer some solutions if you don't currently meet the requirements.
For those who are worried about losing their family home and life savings to Medicaid, there is hope. There are estate planning and Medicaid planning strategies you can use to preserve your assets in the present and also for the future.
Long-term care insurance and Medicaid are two options that individuals can consider to cover their long-term care expenses. This article aims to provide you with a comprehensive understanding of what long-term care insurance and Medicaid are, and the differences between the two.
A big concern many of our clients have is, “If my spouse needs to go on Medicaid, can I still stay in our house?” For many couples, their house is their biggest asset and the thought of losing it can be devastating. But there is good news - there are ways to protect your home while also ensuring your loved one receives the care they need. In this blog post, we will explore Medicaid’s spousal impoverishment rules and how they can protect families from foreclosure.
