Medicaid is a joint federal, state and local program that provides a broad range of medical and health benefits, including long-term care for those who are permanently or chronically ill, injured or disabled. Medicaid should not be confused with Medicare, which is a Federal medical insurance program that covers acute medical problems and rehabilitation.
Medicaid applicants and recipients must satisfy strict eligibility requirements. Generally, individuals who are eligible for Medicaid have only a minimal amount of resources or income. Spousal income, assets and property are subject to the eligibility requirements for married couples.
The time to start Medicaid planning is now. Home Care and Nursing Home costs can rapidly deplete your loved one’s assets. However, appropriate Medicaid planning with an elder care specialist can help protect your assets and income and will ensure receipt of necessary health care services.
We will assist you with the Medicaid eligibility planning, collecting of needed documentation and the filing of the Medicaid application.
We will assist you in developing, completing and coordinating the filing of the Community Pooled Income Trust.