Medicaid

Aid For Children With Disabilities Of Military Families Passed By Congress

The information in this article is news that was reported last year, but we believe that it bears repeating due to the impact that the legislation has on the hundreds of thousands of people in the military who have children with disabilities.  With this legislation passed through the National Defense Authorization Act, a special needs trust can now be put in place to protect a disabled child's benefits from being discontinued due to an inheritance that the child receives from a parent. 

Take Caution When Making Transfers To Qualify for Medicaid!

We encourage people who don't have long term care insurance to develop a game plan years in advance for paying for long term care, a very costly expense that is not covered by Medicare or private health insurance.  This type of planning often involves transferring specific assets out of the name of the person who will be receiving the long term care so that, by the time that the care is needed, the recipient will be eligible for Medicaid to cover the costs of the care.

Subscribe to RSS - Medicaid