Naturally, you are worried about protecting your assets from estate related taxes. You are probably also concerned about who inherits, and in what form they inherit, your assets after you pass away. These and many other typical issues must be addressed with proper estate planning. However, have […]
Read more →Archive for the nursing home Category
Medicaid’s Attempt to Ensure the Healthy Spouse Is Not Impoverished: The CSRA Medicaid law provides special protections for the spouses of Medicaid applicants to make sure the spouses have the minimum support needed to continue to live in the community while their husband or wife is receiving […]
Read more →Medicaid’s Attempt to Ensure the Healthy Spouse Has Enough Income: The MMMNA Although Medicaid limits the assets that the spouse of a Medicaid applicant can retain, the income of the “community spouse” is not counted in determining the Medicaid applicant’s eligibility. Only income in the applicant’s name […]
Read more →