What Are The Most Important Issues An Elder Law Attorney Can Help With?
As the name suggests, an elder law attorney is an attorney with special training in elder law. Elder law deals with all the legal laws and provisions made available to senior citizens as well as the common issues this category of persons face, such as elder abuse. Elder law attorneys typically handle issues concerning long-term […]
Eligibility Requirements for Medicaid
Though Medicaid is funded by the federal government, it is administered at the state level, and each state has its unique set of regulation of this program. The income and asset level allowed is different from one state to another. Thus, it is best you find out where your balance sheet falls in respect to […]
How can an Elder Law Attorney be of Help?
Elder law attorneys are counselors for the elderly including their loved ones. Most lawyers who practice elder law are charged with a panoply of legal issues affecting an older or disabled individual, including matters linked to healthcare, long term care planning, guardianship, retirement, Social Security, Medicare/Medicaid, and other crucial related issues. Elder Law Attorneys are […]
How Does The Medicaid Asset Protection Trust Work?
To be eligible for Medicaid in Long Island, you must have limited assets. What this basically means is that people who are financially strong with substantial income source cannot benefit from Medicaid. So how do you ensure that your “substantial income” doesn’t get eaten uo by your long-term care instead of passing down to your […]
Revocable Trust in Estate Planning
To create a good estate plan, it is recommended that you consider setting up a few estate planning document to ensure that you are well catered to after your death. In addition, these estate planning document can ensure that the transfer of your assets is smooth, timely, and done according to your wishes. One of […]
The difference between Medicaid and Medicare.
Medicare typically caters to seniors above the age of 65 and other disabled individuals. Medicaid, on the other hand, is a program that covers the healthcare cost of long term care for low income Americans who cannot afford the high cost of assisted living. Notably, Medicaid caters to people of all age unlike Medicare. It […]
What Is The Look Back Penalty Period In New York?
The Look Back Penalty Period is a concept associated with Medicaid eligibility. So before going into the former, let us first understand the latter. Medicaid Eligibility in New York Medicaid is a government program created for low income individuals, such that their nursing home and long-term care costs are covered by Medicaid. So even when […]
What are the main ways to pay for long term care?
The phrase “long term care” is regarded as a panoply of care services that individuals may need. Sometimes, long-term care may cover skilled nursing / medical care. However, most times it is usually related to non-medical assistance with the basic self-care responsibilities of our day-to-day life, also regarded as activities of daily living (ADLs). ADL […]
What Is the Look Back Penalty Period in Long Island?
The Look Back Penalty Period is a concept associated with Medicaid eligibility. The look back penalty period is the length of time during which you are denied Medicaid benefits as punishment for having gifted out assets during the 5 year look back period. The look back penalty period in Long Island varies according to the […]
All you know about home care and Medicaid
Medicaid is a government and state funded program designed for seniors, disabled, and those who aren’t financially buoyant. If you intend on applying for Medicaid, you may want to know if it covers home care. Of course home care is one of those services covered by Medicaid. Medicaid will take care of the cost associated […]