People with disabilities obviously need health insurance, and many of these folks cannot work, so they cannot get coverage through their employers. Fortunately, individuals that are in this position … [Read more...] about How Do You Leave a Bequest to a Medicaid Beneficiary With a Disability?
We are going to look at the matter of life insurance and the Medicaid asset limit in this post, but before we address this question, we will share some background information to provide … [Read more...] about Does Life Insurance Count When You Apply for Medicaid?
The Medicare program is the source of health insurance for almost all senior citizens, and the coverage is solid and affordable for the most part. There are out-of-pocket expenses, but most people … [Read more...] about Will Medicare Pay for Living Assistance?
Estate planning is sometimes viewed as an afterthought of sorts. Some people simply record how they want the pie to be divided after they are gone without any regard for legacy preservation. In … [Read more...] about Asset Protection Planning Can Preserve Your Legacy
People often think of estate planning as an exercise in slicing up a pie into different slices that will be distributed to the heirs. Many do not think about the fact that the pie can shrink … [Read more...] about Are Your Assets Protected?
Your legacy can be approached in two different ways. You can ask yourself what you would like to be able to leave to your loved ones and act accordingly to the best of your ability. The other option … [Read more...] about Medicaid Can Preserve Your Legacy
Medicaid is required to seek reimbursement from the estates of people that were enrolled in the program while they were living. Since it is a need-based program, you cannot qualify if you have more … [Read more...] about Does Medicaid Estate Recovery Apply to a Special Needs Trust?
Some people are unpleasantly surprised when they find out that Medicare will not cover nursing home care. If you are not too concerned because you think that you will never need long-term care, you … [Read more...] about Medicaid Planning: Can a Healthy Spouse Keep Their Spouse’s Income?
A lot of people think that estate planning boils down to the creation of a simple will. They never really consider the alternatives, and they assume that everything will fall into place. In … [Read more...] about Why Would a Will Be the Wrong Asset Transfer Vehicle?
When you plan your estate, you facilitate the asset transfers that will take place after your passing, but there is another consideration. You should take the right steps along the way to preserve … [Read more...] about An Overview of Asset Protection Planning
