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Sinclair Prosser Gasior

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Home / Archives for Nursing Home Expenses

Medicaid’s Spousal Impoverishment Rules

March 28, 2019 by Jon J. Gasior, Estate Planning Attorney

Medicaid eligibility

Medicaid’s Spousal Impoverishment Rules by Attorney Jon J. Gasior (Audio) Almost half of all seniors currently in long-term care rely on Medicaid to help cover the cost of that care. If you, or your spouse, are facing the need for long-term care (LTC) in the near future, you may also find yourself turning to Medicaid to help. The Medicaid eligibility guidelines and application procedures, … [Read more...] about Medicaid’s Spousal Impoverishment Rules

Filed Under: Nursing Home Expenses Tagged With: Medicaid

Why Mediciad Eligibility Matters If You Need Nursing Home Care

November 4, 2016 by Jon J. Gasior, Estate Planning Attorney

Medicaid eligibility is essential if you need nursing home care in the state of Maryland. In Maryland, the average annual cost of a semi-private room in a nursing home is $101,379. For a private room, you can expect to spend an average cost of around $110,230, according to the Genworth Financial 2015 Cost of Care Survey. Most insurance won't pay for this when you need care, so you could end up … [Read more...] about Why Mediciad Eligibility Matters If You Need Nursing Home Care

Filed Under: General, Nursing Home Expenses Tagged With: Attorney Jon J. Gasior, custodial care, elder law, Elder Law Attorney, five year look back period, income limits, Maryland Estate Planning and Elder Law Attorneys, Medicaid, Medicaid Eligibility, Medicaid Eligibility Rules, Medicaid Planning, needs-based program, nursing home care, resource limits, seniors, SinclairProsser Law, Skilled Nursing Care, wpdiary.net/sinclairprosserlaw

Why Medicaid Eligibility Matters If You Need Nursing Home Care (Audio)

November 3, 2016 by Jon J. Gasior, Estate Planning Attorney

  "Why Medicaid Eligibility Matters If You Need Nursing Home Care"     … [Read more...] about Why Medicaid Eligibility Matters If You Need Nursing Home Care (Audio)

Filed Under: Nursing Home Expenses Tagged With: Annapolis, Attorney Jon J. Gasior, Bowie, ediciaid planning, five year look back period, Maryland, Medicaid, Medicaid Eligibility, Medicaid Eligibility Rules, Millersville, needs-based program, nursing home care, SinclairProsser Law, State of Maryland, Waldorf, www.sinclairprosserlaw

Free Estate Planning Seminars Next Week! Register now!

January 7, 2015 by Sinclair Prosser Gasior

  The estate planning seminars establishes the necessary components of an effective estate plan. The seminar is presented in a case study format profiling the life of Bill and Mary Jones. Several scenarios are used to relay the impact of estate planning issues relating to probate, disability due to incompetence, protection of government benefits for special needs loved ones, second marriages, … [Read more...] about Free Estate Planning Seminars Next Week! Register now!

Filed Under: Advanced Estate Planning, Beneficiary Designations, Deed, Deed recording, Deeds, Divorce Protection, Elder Law, Estate Administration, Estate Planning, Estate Tax, Healthcare Directives, Healthcare Power of Attorney, Living Trusts, Long term care insurance, Long Term Care Planning, Nursing Home Expenses, Planning for Minor Children, Pour-Over Will, Probate, Probate avoidance, Spouse, Tax exemption, Trustee, Trusts, Wills Tagged With: American Academy of Estate Planning Attorneys, Asset Protection, Blended Families, Division of Assets, elder law, estate administration, estate planning, Estate Taxes, Free Estate Planning Seminars, Funding, Guardianship, Incapacity Planning, Inheritance Planning, Legacy Planning, Living Wills, Maryland, Medicaid, Medical Directive, Powers of Attorney, Privacy, Register of Wills

The American Academy of Estate Planning Attorneys

November 21, 2014 by Sinclair Prosser Gasior

  The attorneys at Sinclair Prosser Gasior are members of the American Academy of Estate Planning Attorneys.  “The Academy” as it is commonly known,  is a group of attorneys dedicated to helping families plan their estate, preserve their assets and eventually distribute their wealth.  The Members of the Academy meet every six months to stay connected and educated on the latest estate planning … [Read more...] about The American Academy of Estate Planning Attorneys

Filed Under: Elder Law, Estate Administration, Estate Planning, Estate Tax, Long Term Care Planning, Nursing Home Expenses Tagged With: American Academy of Estate Planning Attorneys, asset management, Asset Protection, Estate Taxes, Ethical issues, Federal Estate Tax, Free Estate Planning Seminars, Incapacity Planning, nursing home expenses, wpdiary.net/sinclairprosserlaw, www.aaepa.com

Does Medicare Pay for Nursing Home Costs?

November 14, 2014 by Sinclair Prosser Gasior

  When considering how you will pay for nursing home costs, most people think of the following sources of payment: their income, their assets, maybe Medicare, maybe Medicaid and long term care insurance. They are certainly correct in thinking that their income and assets can pay for a nursing home. Long term care insurance will often pay depending on the policy coverage. Medicaid will pay for … [Read more...] about Does Medicare Pay for Nursing Home Costs?

Filed Under: Elder Law, Estate Planning, Long term care insurance, Long Term Care Planning, Nursing Home Expenses Tagged With: elder law, Estate Plan, Estate Planning Attorney, Incapacity Planning, long term care, Medicaid, Medicare, Nursing Home Costs, Skilled Nursing Care, wpdiary.net/sinclairprosserlaw

Does Medicare Pay for Nursing Home Costs? (Audio)

November 14, 2014 by Sinclair Prosser Gasior

  "Does Medicare Pay for Nursing Home Costs? " by Attorney Jon J. Gasior … [Read more...] about Does Medicare Pay for Nursing Home Costs? (Audio)

Filed Under: Elder Law, Estate Planning, Long term care insurance, Long Term Care Planning, Nursing Home Expenses Tagged With: Asset Protection, Incapacity Planning, Medicare

A Life Estate Deed Can Be an Important Tool in Medicaid Planning

October 17, 2014 by Sinclair Prosser Gasior

  A particular type of Life Estate Deed can be an important tool in estate planning and Medicaid eligibility.  The titling of property is a large component of your estate planning which should be discussed when meeting with an attorney.  Often, your primary home is the first to be examined. How do you currently hold title to your house? There are a number of different ways to hold title to your … [Read more...] about A Life Estate Deed Can Be an Important Tool in Medicaid Planning

Filed Under: Deed, Elder Law, Estate Planning, Joint Tenancy, Life Estate Deed, Long Term Care Planning, Nursing Home Expenses, Probate, Probate avoidance Tagged With: Asset Protection, elder law, Elder Law Attorney, estate planning, Life Estate Deed with Powers, Life Estate Deed without Powers, Medicaid, Medicaid Eligibility, probate, Probate Avoidance, Real Estate, Remainderman, wpdiary.net/sinclairprosserlaw

What Is a Medicaid Asset Protection Trust? How Does It Work?

September 19, 2014 by Sinclair Prosser Gasior

  If you are considering applying for Medicaid for yourself or a loved one to pay for costly nursing home expenses, you may already be familiar with the financial requirements that a person must meet in order to qualify for Medicaid. Without getting into the details of all of the rules and exceptions, for a single person to qualify for Medicaid they must have no more than $2500, can keep a house, … [Read more...] about What Is a Medicaid Asset Protection Trust? How Does It Work?

Filed Under: Elder Law, Estate Planning, Nursing Home Expenses, Probate Tagged With: 5 year look back period, Asset Protection, countable assets, elder law, Gifting, Inheritance Planning, Inheritance Protection, Irrevocable Trust, Medicaid, Medicaid Asset Protection Trust, nursing home expenses

What Is A Medicaid Asset Protection Trust and How Does It Work? (Audio)

September 18, 2014 by Sinclair Prosser Gasior

"What Is A Medicaid Asset Protection Trust and How Does It Work?" by Attorney Jon J. Gasior … [Read more...] about What Is A Medicaid Asset Protection Trust and How Does It Work? (Audio)

Filed Under: Elder Law, Estate Planning, Nursing Home Expenses, Spouse Tagged With: 5 year look back, Asset Protection, countable assets, Division of Assets, elder law, Gifting, Incapacity Planning, Inheritance Planning, Irrevocable Trust, Medicaid, Medicaid Asset Protection Trust

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We initiated estate planning following a presentation by Sinclair Prosser Attorney Jon Gasior. We were so impressed, we contracted with them to complete our estate planning. Subsequently, we assembled information on our assets and Sinclair Prosser Gasior did the rest. Correspondence was communicated to our financial institutions and the estate was established. We were very pleased with the courteous manner of the Sinclair Prosser Gasior staff. However, it was their professionalism that made us satisfied we chose this firm to handle our estate. We have nothing but praise for Sinclair Prosser Gasior .

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