Archive for the Medicaid Asset Protection Trust Category

2023 Income & Asset Allowance Increases for the Spouse of Nursing Home Residents in Pennsylvania

Spousal impoverishment is a concern for married couples when one spouse needs long-term care and applies for Medicaid. If one spouse requires care in a skilled nursing facility and the other remains at home, the spouse at home (the “Community Spouse”) might face significant financial hardships. The […]

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What Are Medicaid Asset Protection Trusts?

Medicaid imposes strict rules on how much money and assets an applicant can have. To qualify for Medicaid, you must fall under the asset limit, which is $2,000 in most states. Even with greater than $2,000 in assets, however, you may be able to get on Medicaid […]

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Are You or a Loved One Over 65 and Concerned About The Extremely High (And Rising) Cost of Nursing Home or In Home Elder Care? With Long Term Care Costs at $10,000.00 to $15,000.00 Dollars PER MONTH (Or More) Are You Worried That the Assets You Worked […]

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