On Wednesday, May 17, 2023, Darien Library hosted an informative panel discussion featuring five industry experts in elder law, private weal
Long Term Care: Planning for Your Family’s Future Care Needs [Video]
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On Wednesday, May 17, 2023, Darien Library hosted an informative panel discussion featuring five industry experts in elder law, private weal
Long Term Care: Planning for Your Family’s Future Care Needs [Video]
GO & WATCH THE FULL VIDEO:https://youtu.be/nwG3TWqPBNwSUBSCRIBE & GO DEEPER www.alfownership.com WATCH ALSO:How To MARKET Your Assisted LIVI
Your Staff must have this Skills 🏠🤝 [Video]
Chateau Madeleine Assisted Living and Memory Care residents got an introduction to the new beverage stations. The new system will offer more
Upgraded beverage stations have been installed throughout the community. Enjoy! 6/8/23 [Video]
Since the Covid outbreak early 2020, States stopped verifying Medicaid eligibility. Starting as early as April (June for WA State) the states will resume determining who is and is not eligible for Medicaid. This will lead to a lot more (estimated at 18 million) employees needing to enroll on their group medical plan or find other coverage. Maddock & Associates is prepared to help our client’s employees who are losing Medicaid make the transition to private coverage. https://www.beckerspayer.com/payer/when-each-state-will-begin-terminating-medicaid-coverage.html
Don't go without help this new year. Whether it's you or your loved ones who need a few extra hands at home, we're ready to help. Staying home is more important than ever! CALL NOW to see if you qualify 816-298-5655 Kansas City and surrounding 314-802-0259 St. Louis and surrounding [email protected] www.deluxhomehealthcare.com #medicaid #medicaidcrisisplanning #medicaidplanning #medicaidwaiver #medicaideligibility #medicaidprovider #medicaidaccepted #medicaidapplication #medicaidmonday #thisismedicaid #protectmedicaid #medicaide https://www.instagram.com/p/CUIMW_gFYNY/?utm_medium=tumblr
Planning for Medicaid eligibility is not a simple process. It requires forethought and preparation. Retain an attorney. Read more on medicaid from elder law attorney John W. Callinan, a client of Rank Magic.
The stimulus check has no effect on Medicaid eligibility if spent within 12 months of receipt. You cannot keep the check if the recipient is deceased. Read more on estate planning from elder law attorney John W. Callinan, a client of Rank Magic. #stimuluscheck #medicaideligibility #medicaidplanning #elderlawattorney
Medicaid "Spend-down." What is it?
When a person needs long-term care (think, nursing home), the most common funding source is Medicaid. However, Medicaid is a resource-based benefit, meaning that the recipient can only have a certain amount of "countable" resources to qualify. However, there is a common misconception that Medicaid "sells" personal and real property. This is not actually true, but Medicaid spend-down does require the sale of assets and all of the funding must be used for the disabled person's support. MOST IMPORTANTLY - there are assets that are considered "countable" for this purpose and "non-countable" or exempt assets that don't apply. Further, a person can plan and eliminate assets from the "countable" category and protect them.
We all like to think, "it can't happen to me." The problem is, when or if it does, it is too late to change things to avoid spend down and asset loss is almost assured. Medicaid has a 5 year look back period that identifies any asset or resource shifting. Best to think about this early on and plan to protect your assets as part of an overall estate plan.