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In last week’s second part of my post, I laid out some basic strategies for couples who, while still legally married and living together, view themselves as separated or divorced.  Unfortunately in the eyes of Medicaid you aren’t divorced unless you’ve got the Judgment of Divorce to prove it. When I tell

Last week I wrote about the recent calls we’ve received regarding couples in unhappy marriages where one spouse now needs care.  Even though they may have kept their finances separate for many years, under Medicaid rules the healthy spouse’s assets will be counted as well as the ill spouse’s assets when

Divorce rates in America have steadily risen for years and much has been written about it.  There are, however, many more couples in unhappy marriages who for varied reasons did not go the divorce route.  For some, it may have been about being more comfortable with the life they know vs. the

We have many clients who first qualify for the VA Aid and Attendance benefit to help pay for their long term care and then when their remaining assets are spent down, they must apply for Medicaid.  As I have written about previously, Medicaid has a strict income cap ($2349 in 2020).  If

Funeral Expenses and Medicaid (Part 2) This week’s post details the more common option when it comes to setting aside funds for a funeral before spending down towards Medicaid eligibility.  Last week I explained that $1500 can be set aside for burial as long as it is specifically designated and not commingled

Whenever I talk to a family whose loved one is close to spending down the required amount of assets to qualify for Medicaid, the topic of burial expenses comes up.  Most people are aware that Medicaid permits setting aside funds to cover the burial but many are a bit fuzzy on

Even before the current pandemic, getting a Medicaid application approved was increasingly challenging.  Now, with some government staff working remotely and many government offices short staffed because of social distancing requirements, it has not gotten better.  What we are finding in our office is that applications that should clearly be approved are being denied.  In

Many of my articles concern Medicaid and avoiding or trying to minimize a Medicaid penalty.  That penalty, which is a waiting period for benefits is a result of a mathematical calculation.  The amount of any transfers for less than fair value is divided by the Medicaid divisor to get the resulting penalty. The divisor is what