Not all assets will be counted against you for the purposes of Medicaid eligibility. Personal possessions, one vehicle, your principal residence, and prepaid funeral plans are “noncountable” assets. However, the state will likely still request information about these assets.
What Documents Are Required for a Medicaid Application? Read Post »
Medicare beneficiaries will soon be eligible to obtain up to eight free rapid at-home Covid-19 tests per month, and, unlike their privately insured counterparts, they won’t have to pay for them upfront, the Biden administration has announced.
Medicare to Cover At-Home Covid Tests by ‘Early Spring’ Read Post »
Overwhelmed by the stress of long hours, low pay and exposure to the COVID-19 virus, nursing home workers are quitting
If you plan to move states, can you take your Medicare or Medicaid plans with you? The answer depends on
Can You Transfer Your Medicare and Medicaid Plans When You Move to Another State? Read Post »
Most long-term care involves assisting with basic personal needs rather than providing medical care. The long-term care community measures personal
Activities of Daily Living Measure the Need for Long-Term Care Assistance Read Post »
Anyone who gifted assets within five years of applying for Medicaid may be subject to a penalty period, but that
You Can ‘Cure’ a Medicaid Penalty Period by Returning a Gift Read Post »
Planning for retirement and deciding whether to buy long-term care insurance would be a lot easier if you knew your
How Likely Are You to Need Long-Term Care? Read Post »
The Internal Revenue Service (IRS) has announced the amounts taxpayers of different ages can deduct from their 2022 income as
When applying for Medicaid’s long-term care coverage, in addition to the strict income and asset limits, you must demonstrate that
What It Means to Need ‘Nursing Home Level of Care’ for Medicaid Eligibility Read Post »
Join Geoff Hoatson, Founder and CEO of the Family First Firm, licensed insurance agent, and financial advisor, for an engaging and informative presentation on The Heirloom Journey. A roadmap to peace of mind for you and your loved ones.
During this special event, you’ll discover:
Join Geoff Hoatson, Founder and CEO of the Family First Firm, licensed insurance agent, and financial advisor, for an engaging and informative presentation on The Heirloom Journey. A roadmap to peace of mind for you and your loved ones.
During this special event, you’ll discover:
Join us for a helpful and engaging session where we’ll walk you through the most important steps in protecting your future and your family. This event will focus on key topics in estate planning and Medicaid strategies for long-term care—two critical areas that can significantly impact your quality of life, financial security, and peace of mind.
Whether you’re beginning the planning process or looking to update existing documents, you’ll gain valuable insights into how to safeguard your assets, qualify for important benefits, and ensure your wishes are honored for years to come. Our team will be here to guide you every step of the way, making complex topics easier to understand and apply.
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By providing your phone number, you consent to receive SMS communications from Lawmatics on behalf of Family First Firm. Consent is not a condition of service. Message & data rates may apply, and frequency will vary. Reply STOP to unsubscribe. Text HELP for help.