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 »

Who Should Hire an Elder Law Attorney?

It’s a common misconception that you don’t need an elder law lawyer until after retirement. Like all good planning, it’s wise to invest time and energy into planning upfront so that your only ongoing concerns are updates if your life requires changes to your elder law documents. Elder law issues can be very complex, and… 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 »