Using Estate Planning to Prepare for Medicaid

Careful planning in advance can help protect your estate for your spouse or children. If you make a plan before you need long-term care, you may have the luxury of distributing or protecting your assets in advance. This way, when you do need long-term care, you will quickly qualify for Medicaid benefits.

What To Do With Your Stimulus Check if You Are in a Nursing Home

As the second round of stimulus checks go out, it is important to know that nursing home residents are not required to turn their checks over to their nursing home. And Medicaid recipients need to spend the cash within a year if it puts them over Medicaid’s resource limit.  In December 2020, Congress approved $600 […]

How Your Stimulus Check Affects Medicaid Eligibility

With the pending approval of a second round stimulus payments under the Senate’s HEALS Act, this provides a good reminder for how the first wave of payments were calculated. The coronavirus relief bill includes a direct payment to most Americans, but this has Medicaid recipients wondering how the payment will affect them. Because the payment […]

CMS's Updated Financial Guidelines for Community Spouses in 2020

The Centers for Medicare and Medicaid Services have just released their guidelines regarding the “community spouse” for 2020. A “community Spouse” is the spouse of a Medicaid recipient who is living in a nursing home. There is an allowance threshold that applies to the community spouse, known as the CSRA or community spouse resource allowance […]

How to Choose the Right Home Care Provider

Aging in place is the goal; wanting to stay in our homes as long as possible is the most quintessential decision one can make. One of the hardest choices to make is selecting the appropriate in-home provider for your loved one and yourself. There are many criteria from which to choose. The first would be […]

How Can I Keep my Home Safe from Medicaids’ Grip

A common perception of applying for Medicaid and moving into a nursing home is that you will lose your home. While you aren’t required to sell your home to qualify for Medicaid nursing home care, the state could potentially make a claim against your house upon your passing. People’s first inclination is often to give […]

When Things Fall Apart by Smilie G. Rogers, Esq.

The last couple of weeks we have been preparing tax returns, preparing MaineCare applications and dealing with client matters when things fall apart generally. Here are some observations from the field at the end of a long day: Getting financial institutions to recognize powers of attorney can be a real struggle. Is your power of […]