There haven’t been many changes since last year, but our Consumer’s Guide to Medicaid for 2011 is now out. Last year’s edition was one of our most popular downloads of 2010. If you, or anyone you know may be facing a nursing home, then this guide can help you better understand the basic issues at stake. Four basic issues are addressed in our guide:
- Assets. What are they, how much can you have and how does it impact your eligibility for Medicaid benefits?
- Transfer of Assets. When should you do it, why might you need it, and other important information about how this issue affects Medicaid eligibility.
- Income. How much will go towards a nursing home if using Medicaid and what about the spouse who may still be at home?
- Spousal Protection. Medicaid law provides special protection for spouses of nursing home residents. What does that mean for the income, assets and other needs of the spouse still living at home?
Download it now:
The guide is really an introduction to the topic of Medicaid Planning. If you want to know more about this important and popular topic, feel free to check out our very popular Long-term Care Essentials Workshops or contact our client coordinator at 217-726-9200 to set up your free initial consultation where we can discuss your unique situation.