Making Your Medicaid Application Easier

If you or someone you know has needed long-term care or nursing home care, you have probably heard horror stories about Medicaid applications.  Unfortunately, reports of how difficult, lengthy, and burdensome applying for long-term care Medicaid are often all too true.  Long-term care (nursing home, assisted living, and in-home care) Medicaid has strict financial limits, and requires providing up to five years of financial history.  The caseworkers at the county Department of Jobs and Family Services must thoroughly review your case to confirm your eligibility.  This takes a tremendous amount of time, which can often result in Medicaid applications taking many months to process.  But there are ways to make your case easier to get through.

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Nursing Home Medicaid Applications: What You Need to Know About Eligibility

If you or a loved one need nursing home care or long-term care in the home, the thought of applying for Medicaid to secure that care is daunting. Try Googling “Medicaid Application” and you’ll find thousands of results that are essentially worthless. Here are some points to know, if you are faced with applying for long-term Medicaid to pay for care:

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What Can My Power of Attorney Do for Me?

A durable power of attorney for finances is an essential part of every estate plan. A POA document allows you (the Principal) to give permission to another person (your agent) to act on your behalf. Your agent can act and speak for you when it has become difficult or impossible for you to do so yourself. A properly done POA document avoids the need for a guardianship or other court intervention if you lose the legal capacity to handle your affairs. However, not all POA documents are the same. A POA that lacks certain provisions can mean your agent will not be able to carry out your wishes at a crucial moment. This post discusses some common issues with POA documents, and how to decide whether yours needs updated.

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Dementia and the Importance of Planning for Your Future.

November is Alzheimer’s awareness month, so I thought I would take the opportunity to talk about dementia and the importance of planning for your future. First and foremost, some forgetfulness can be a normal part of aging. We have all misplaced our keys or put our wallet in a different place, forgetting momentarily where we left it. When forgetfulness becomes more serious, losing your way while driving in an area you visit frequently; not taking medication because you forgot if you took it or not, it starts to affect your normal daily routine and it’s time to follow up with your doctor.

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How to Protect Your Home in a Medicaid Application

For most people, the home is their most important asset, for many reasons, but primarily because it might be their largest valued asset financially and sentimentally. Whether you want the home to stay in the family or want the value of the home to pass on to family, this is a discussion I often have with clients who are contemplating a Medicaid application.

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Revocable Trust or Irrevocable Trust: What is the Best Option for Me?

Trusts are great tools for you to pass assets to your heirs, whether that be to children, other family members, or charities. However, not all trusts are created equally. Sometimes, we use revocable trusts for one client, while another client established an irrevocable trust. When does it make sense to use a revocable trust compared to an irrevocable trust?

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Caregiver Mental Health During COVID-19

AARP recently released findings of a study that analyzed over 236,000 cases of individuals diagnosed with COVID-19. The study indicates that up to one-third of survivors suffer from psychiatric or neurological illnesses within six months of infection, with 34% of those further diagnosed with mental health or neurological disorders. The most common conditions were mood and anxiety disorders, but it also identified a higher rate of insomnia, dementia, and even encephalitis.

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Attorney Ethan Welch’s Estate Planning Article is Featured in The Morning Journal’s Senior Living Edition

Attorney Ethan Welch had his blog Should I Share My Estate Planning Information with My Family featured in the Senior Living tab for The Morning Journal’s July Edition. Ethan states “there is no right or wrong answer when it comes to sharing estate plan information, and some approaches may work better than others”.

 

 

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