by David Edwards | Jan 24, 2018 | EC-MedicaidPage, Medicaid/Medicare
Using a government benefit such as Medicaid is a fairly common way to pay for long-term care. According to AARP, 65% of nursing home residents use Medicaid to pay for their care. Unfortunately, there is a lot of misinformation out there, which makes this very... by David Edwards | Dec 29, 2015 | Aging Parents, Medicaid/Medicare
Cash payments or informal caregiver arrangements can affect your loved one’s ability to qualify for Medicaid upon going into a nursing home. Here’s what you need to know… Giving Money to Family Can Jeopardize Medicaid Eligibility When someone applies... by David Edwards | Nov 17, 2015 | EC- HomePage, EC-MedicaidPage, Medicaid/Medicare, Nursing Home
While it may seem like a good idea that things like Medicaid applications and Veterans benefit apps are accessible and do-it-yourself, as with many things relating to government, it’s really not that simple. There are many things that can go wrong when people... by David Edwards | Sep 14, 2011 | Aging Parents, Asset Protection, Nursing Home
“Are asset gifts to spouses exempt from the 5-year “look back” for Medicaid? –Charles A. Generally speaking, assets transfers to a spouse are exempt from the 5-year look-back rule. Transferring assets from the Medicaid applicant spouse to the... by David Edwards | Mar 2, 2011 | Wills and Trusts
Stay up to date with our Medicaid Seminar for professional advisors. Join attorney Joshua Becker as he covers the drastically changing Illinois Medicaid laws. Learn what the changes are and how you can keep your clients from making costly mistakes. Download the flyer...