The Medicaid program is a health insurance program. It is jointly administered by the federal government along with each state government, and it is a program that is in place to provide health insurance for people who have very limited financial resources. You may wonder why Medicaid should be on your radar if you have resources and you are going to qualify for Medicare when you reach the age of 65. The reason why Medicaid is relevant is because it will pay for long-term care. Medicare does not pay for living assistance.
Topics covered in this report include:
- Qualifying for Medicaid
- Gift Giving
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Attorney/Owner at Sinclair Prosser Gasior
His personal experience with family and the problems that resulted from their failure to create an estate plan resulted in his desire to learn more about this area of the law. From his work in the Elder Law Clinic, he further realized the need to plan not only for death, but also for incapacity during their lifetime.
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