Long-Term Care Resources for Your Needs AND Your Parents Since 1989, there has been a significant change in the rules surrounding Medicaid for spouses. Prior to this date, spouses of Medicaid recipients were required to attain poverty status in order for their loved one to qualify for benefits. However, the implementation of the “Monthly Maintenance […]
Medicaid Asset Transfer Rules: What You Need to Know
Long-Term Care Resources for Your Needs AND Your Parents Medicaid is a government program that provides healthcare coverage to low-income individuals and families and those in need of long-term care. To qualify for Medicaid benefits, individuals must meet certain financial eligibility criteria, including limitations on the amount of assets they can own. However, Medicaid does […]
Secure Your Parent’s Legacy: The Medicaid 5-Year “Look Back”
Long-Term Care Resources for Your Needs AND Your Parents Estate planning and the protection of assets are crucial when it comes to securing your parent’s legacy and the family property. However, navigating the complex world of Medicaid and long-term care can be overwhelming. One important aspect to understand is the “look back” period, specifically the […]
