New Medicaid and VA Figures for 2017 #2017Medicaidnumbers
               It’s time to update the numbers for many of the government programs that affect our clients’ lives and that we work with so often. I am talking about cost of living adjustments for the new  year. For 2017, the Social Security Administration announced that Social Security recipients will receive a
Important Change to Special Needs Trust Law
                In 1993 Congress enacted a law commonly referred to as OBRA 1993. The law contained major changes to the Medicaid laws. Included in the law was a provision permitting the creation of a special needs trust for disabled individuals under the age of 65, into which could be placed
How Medicaid Treats Life Insurance (Part 2)
               Last week I was talking about life insurance as it affects eligibility for Medicaid. While term insurance has no value while the insured is alive and only provides a payment at the death of the insured, other types of life insurance – namely whole life and universal life –
How Medicaid Treats Life Insurance (Part 1)
               Medicaid requires the applicant to spend down all assets to under $2000 before approving an application for benefits. The question comes up frequently about life insurance. Is it an asset and if so, what is the value?                In order to answer that question, we must examine what kind of