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
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
"Why Medicaid Eligibility Matters If You Need Nursing Home Care" … [Read more...] about Why Medicaid Eligibility Matters If You Need Nursing Home Care (Audio)
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!
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
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?
"Does Medicare Pay for Nursing Home Costs? " by Attorney Jon J. Gasior … [Read more...] about Does Medicare Pay for Nursing Home Costs? (Audio)
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
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?
"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)