Why the Nursing Home Shouldn’t File Your Application (Part 2)
A few weeks ago we were discussing Barry’s problem. He had spent down Dad’s assets towards his nursing home care and the facility said they would file the Medicaid application. He gave them the financial records and other documents they requested. They said they would handle the rest. So what
Why the Nursing Home Shouldn’t File Your Medicaid Application (Part 1)
Barry called me concerning his dad who is in a nursing facility. He had spent down Dad’s remaining funds. He paid the nursing home and set up a prepaid irrevocable burial trust as permitted by Medicaid. The facility said they would file the Medicaid application so Barry gave them all
Can I Give a Gift of $10,000 Per Person Without Jeopardizing Medicaid Eligibility?
A common question I get probably as much as anything about Medicaid. The answer may surprise you. Click on http://www.youtube.com/HauptmanLaw to see my answer.
Why You Shouldn’t Walk into the Medicaid Office Alone
Last year I wrote about the dangers of filing a Medicaid application yourself, without any idea of how the Medicaid rules work. But, in the past month we have had a rash of calls from folks who did just that and ended up with Medicaid penalties – months of
Is Paying Cash a Problem When Filing a Medicaid Application?
This week I am pleased to introduce a new feature to my blog called “Elder Law in a Minute”. This is a short video in which people have an opportunity to ask some of their most pressing elder law questions, ones that may be on your mind too. We’ll mix
A Family Owned Business Long Term Care Nightmare (Part 2)
Last week we were talking about George’s tragic stroke and need for nursing home care. He still owns the manufacturing business he built and the warehouse which houses it. His son, John, asked me whether those assets are protected from being spent down towards care before Medicaid qualification. Like so
A Family Owned Business Long Term Care Nightmare (Part 1)
George built his manufacturing business from scratch. He and his wife, Claire, had raised a family of 2 boys and a girl, but George treated the business like another child, nurturing it from infancy to maturity. It had allowed him to provide for his family, putting all 3 children through
Mom Has $1,000,000 – She’ll Never Run Out of Money (Part 2)
Last week we were discussing Paul’s mom, 88 years old and in need of nursing home care. She has $1,000,000 in assets so first impressions suggest that she won’t ever need Medicaid. But, upon further examination, we might want to reconsider that conclusion. Here’s why. Paul’s initial statement about never qualifying,
Mom Has $1,000,000. She’ll Never Run Out of Money (Part 1)
Paul called concerning his 88 year old mother who needs nursing home care. “She doesn’t have a power of attorney. I think she needs one”, he said. I concurred but our conversation didn’t stop there. As we always do, I asked him about Mom’s finances. “Her income consists of Social
Harry’s Law – Hollywood and Elder Law Collide (Part 2)
So, last week we were talking about Gloria and Abe, the subject of an elder law plot line on the NBC drama, Harry’s Law. Gloria wants to divorce Abe because she can’t afford the long term care that Abe needs without selling their house and leaving her destitute. A discussion