Medicaid and Seniors Articles
How to Use a Miller Trust for Medicaid Eligibility
Qualifying for Medicaid coverage is a complex process that involves making sure a senior’s income and assets fall below certain levels. “Income cap” states allow applicants to use a specific kind of trust to help them meet these eligibility guidelines.1 Comment
Applying for Medicaid: An Elder Law Attorney Can Help
The Medicaid application process can be extremely complicated, so be sure to do your research beforehand. When applying for state Medicaid benefits, you may want to consider hiring an elder law attorney to help.5 Comments
When to Apply for Medicaid
Medicaid can help with long-term care costs, but eligibility is determined by a combination of many factors. The rising cost of care makes planning in advance a priority when considering paying for senior care costs.7 Comments
Top 5 Strategies for Protecting Your Money from Medicaid
Many aging adults must apply for Medicaid in order to afford long-term care. Here are some strategies for preserving some of your wealth while qualifying for financial assistance.20 Comments
The Top 8 Medicaid Planning Mistakes People Make
Proper Medicaid planning is crucial when it comes time to pay senior care costs. Here are some common mistakes people make when trying to plan for Medicaid.7 Comments
How Joint Bank Accounts and Property Affect Medicaid Eligibility
Jointly held bank accounts, owning property together and other shared assets can affect Medicaid eligibility in a variety of ways.6 Comments
Assets You Can Have to Still Qualify for Medicaid
What assets can you have and still qualify for Medicaid? Can your parents keep their house? Their car? Here are asset limits and guidelines for people who are applying for Medicaid and aren't sure what they qualify for.77 Comments
Can I hide money from Medicaid, so mom can leave her kids an inheritance?
Hiding assets by not reporting them to Medicaid is illegal and considered fraud against the state. However, there are a number of legal techniques for protecting your parent's assets so that they pass to you.5 Comments
Power of Attorney Explained
One of the most powerful tools for managing your affairs should you become mentally incapacitated is a durable power of attorney (DPOA). Understand the legal powers and responsibilities of assigning and holding POA.14 Comments
Protecting the Home from Medicaid with a Life Estate
Is your parent paying for nursing home care with Medicaid? Learn how to use a life estate as an advance planning technique to allow families to retain ownership of their most important asset, their home.11 Comments
Medicaid versus Medicare: Who Covers Nursing Home Costs?
While both Medicare and Medicaid may cover all or part of the costs of a nursing home stay, there are important differences to the rules. Determine which program will pay for your aging loved one's stay in a skilled nursing facility.2 Comments
Understanding Medicaid’s Lookback and Penalty Periods
Gifting an asset can cause problems if you later need to apply for Medicaid to cover a nursing home stay. Learn the details of Medicaid lookback and how it impacts the Medicaid penalty period.9 Comments
A Prepaid Funeral Plan Should Be Part of Your Medicaid Spend-Down
Money paid for advance funeral planning can be an exempt expense under Medicaid rules. Learn more about how preplanning a funeral can help you qualify for Medicaid.2 Comments
Spending Down to Medicaid Doesn’t Have to Impoverish Both Spouses
Medicaid spend down rules for married couples are different, depending on where each spouse is living. Known as the "community spouse," couples where one spouse still lives at home can often keep more assets.21 Comments
How to Pay for In-Home Care
Use this guide to explore all your options, such as insurance coverage, benefits and out-of-pocket sources, that can be used to pay for home care.26 Comments
Can someone explain what the 5-year "look-back" period for Medicaid is?
An elder law attorney answers the question: what is the 5 year look-back period for Medicaid, and how does it relate to a gift?3 Comments
Are hearing aids covered by Medicare or Medicaid?
According to the official Medicare guidebook published by the federal government, Medicare doesn't cover hearing aids and exams for fitting hearing aids.3 Comments
Entering a Nursing Home: Will Medicaid Exempt Your Parent's House?
Under current Medicaid laws, your home is an exempt resource when determining eligibility, but residence within the home determines its protected status. Learn when an exempt home becomes a countable asset.11 Comments
Are adult children responsible for the medical bills of their parents?
As parents age and require increased levels of care, adult children offer wonder if they are responsible for payment of their parents medical bills and increasing debt.3 Comments
How Can I Get Paid for Being a Family Caregiver?
Programs and assistance vary widely by state and individual circumstances, but some financial help may be available for family caregivers who are looking to offset the costs of providing care for an elderly loved one.220 Comments