What is a reasonable amount of reimbursement for me as an agent under a power of attorney who is paying bills, picking up...Read more
The answer is yes, but. Certainly, she should pay her fair share. The question is how to establish what is “fair” so that either (a) it is not challenged by Medicaid or (b) it can stand up to Medicaid’s questioning. You can either use your best judgment on the right amount, keeping careful records of the related expenses, or work with a local elder law attorney to determine the amount and how best to document it. The second route would be the safer course of action.
For more on Medicaid's asset transfer rules, click here.
Local Elder Law Attorneys in Ashburn, VA
For Jeffrey Hammond, the practice of Elder Law is personal. Jeff’s many years of experience in law and in business did not prepare him for the crisis he faced in 2005 and 2006 when his father suffered a stroke and both of his parents suffered from dementia and other medical problems. At that time, Jeff began an i...
Loretta Morris Williams is a certified elder law attorney by the National Elder Law Foundation. Ms. Williams was admitted to the Council of Advanced Practitioners, National Academy of Elder Law Attorneys (NAELA) in 2012. She serves as President of the Virginia Academy of Elder Law Attorneys. Ms. Willia...