Dear Savvy Senior: If my mother needs to move into a nursing home, what are the eligibility requirements to get Medicaid coverage? — Caretaking Son Dear Caretaking Son: The rules and requirements for ...
When looking at pending nursing home admissions, people start to think about gifting their assets to their children, which can negatively impact their future Medicaid application. In Ohio, gifting ...
You can qualify for Medicaid even within five years after making transfer with proper planning, attorney Craig Riffel writes.
'I was born in a time when the elderly and disabled were hidden away in back bedrooms and institutions' "As technology advances, I find it more difficult to do things most people take for granted." ...
Certain Medicaid programs impose a transfer penalty on applicants who have transferred resources (assets) for less than fair market value within five (5) years preceding the Medicaid application.
I am my mother's caregiver. She is 93. Four years ago she added my name to her checking and savings accounts and added me as the beneficiary on her pension and IRA. If, by chance, she has to go into a ...
Medicaid offers low-cost healthcare for low-income US residents under varied state guidelines. Income and asset limits determine Medicaid eligibility, critical for financial planning. Medicaid covers ...
Planning for long-term care is a crucial but often overlooked part of estate planning. Determining who will care for you and how that care will be paid for can be an uncomfortable conversation, yet it ...