This informative session will provide invaluable insights into the eligibility criteria, exemptions, and strategies for securing Medicaid assistance for long-term care needs, specifically in institutional settings, like a nursing home
Search Results for: medicaid
When Will Medicaid in Massachusetts Pay for My Stay In A Nursing Home?
Most people don’t expect to end up in a nursing home for care, and this can cause confusion when trying to get payment set up for a loved one. Medicaid in Massachusetts is a possibility for your payment, but you must know how the application process works. MassHealth as a Payment Source for Nursing Home… Read More »
The Difference Between Pre-Planning and Crisis Planning for Medicaid
Without outside support, it would be difficult or impossible for most people to afford paying for a nursing home out of pocket. Some people mistakenly think Medicare will pick up the bill and others are hoping that Medicaid benefits will kick in quickly. The truth is that you have options to plan well in advance… Read More »
What Role Does a Testamentary Trust Play in Medicaid Benefits?
Putting together various estate planning tools for the purpose of passing on assets to future generations is wise but thing can become increasingly complicated when it comes to managing these concerns surrounding Medicaid. Medicaid has very state specific rules that could potentially change over the course of time if you don’t have the right estate… Read More »
What Does a Medicaid Planner Do?
Qualifying for Medicaid is a very complicated prospect. Although Medicaid is a federal program, it is administered at the state level. There might also be different programs within each state and the application and review process is time-consuming. Mistakes made on a Medicaid application or the failure to plan in advance regarding Medicaid qualification can… Read More »
Understanding Medicaid’s Five Year Look Back Period
Congress has established a variety of rules about ineligibility for Medicaid. In addition to these federal rules, there are also issues you should be aware of at the state level. The ineligibility period for Medicaid is also referred to as a penalty period. This specifically relates to applicants who transferred assets shortly before applying in… Read More »
A Basic Breakdown of Medicaid for Massachusetts
We talk a lot about elder law, elder care, and Medicaid on this website, and for many of our readers, those terms are part of everyday life. What if you’re a newcomer to the world of Medicaid, though? Or maybe you’re a family member trying to learn a little more so you can help an… Read More »
Applying For Medicaid Can Be Tough
Medicaid is an essential part of healthcare and life planning for America’s elderly, but getting signed up is vastly more complicated than most first-timers anticipate. That’s true whether you’re applying for yourself or for an aging parent. View image | gettyimages.com Of course, those who’ve dealt with government applications in the past are probably unsurprised… Read More »
What Is A Life Estate And How Will It Affect My Inheritance In Massachusetts?
A life estate is a legal arrangement that grants an individual, known as the “life tenant,” the right to live in and use a property for the duration of their lifetime or the lifetime of another specified person, called the “remainderman.” In Massachusetts, as in many other states, a life estate can have implications for… Read More »
How Do I Plan For A Future with Alzheimer’s Disease?
Acquiring a diagnosis of Alzheimer’s disease can be overwhelming, both for the person diagnosed and their loved ones. While the journey ahead may seem uncertain, it is important to take proactive steps to ensure that your needs will be met in the future. Planning early can significantly improve your quality of life and reduce the… Read More »
Finally, an Estate Planning Guide for Everyone!
ORDER YOUR COPY OF
Do You Have a Plan?
How to Avoid Leaving a Mess
(A Guide to Estate Planning)
Do You Have a Plan?
How to Avoid Leaving a Mess
(A Guide to Estate Planning)