Medicaid Planning

Annuities and Medicaid Planning

Immediate annuities can be ideal Medicaid planning tools for spouses of nursing home residents. ...

Spending Down Assets to Qualify for Medicaid

Medicaid has strict asset rules that compel many applicants to "spend down" their assets before they can qualify for coverage. It is important to know what you can spend your money on without endangering Medicaid eligibility.

The Need for Medicaid Planning

One of the greatest fears of older Americans is that they may end up in a nursing home. ...

Transferring Assets to Qualify for Medicaid

Congress has established a period of ineligibility for Medicaid for those who transfer assets. For transfers made prior to February 8, 2006, state Medicaid officials would look only at transfers made within the 36 months prior . . . ...

What Is Medicaid?

Medicaid (called "Medi-Cal" in California, "MassHealth" in Massachusetts, and "TennCare" in Tennessee) is a joint federal-state program that provides health insurance coverage to low-income children, seniors, and people with disabilities.

The Attorney's Role in Medicaid Planning

Do you need an attorney for even "simple" Medicaid planning? This depends on your situation, but in most cases, the prudent answer would be "yes." ...