Download or read book Medicaid Planning Estate Recovery and Alternatives for Long Term Care Financing written by Marshall B. Kapp and published by . This book was released on 2006 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: In anticipation of the escalating costs of long term care, consumers and the federal and state governments are engaging in a variety of strategies intended to preserve the financial solvency of the respective party. For the consumer, this may mean planning in a way designed to maximize one's potential future eligibility for government support, while the federal government tries to limit those planning activities inspired by public benefits considerations and the states attempt to recover their long term care expenses from the estates of deceased consumers whose long term care needs the state had earlier supported. All of these strategies have important and controversial public policy implications. The public policy debate surrounding these strategies ought to be ethically informed. This article sets out to identify and outline some of the main ethical questions engendered by individual Medicaid planning, on one hand, and state estate recovery efforts, on the other. It concludes that neither of these approaches to the challenge of long term care financing are very ethically palatable.
Download or read book How to get Medicaid to pay for some or ALL of your long term care expenses without having to wait 5 years without having to sell your house and without having to go broke first written by Jason Neufeld, Esq. and published by Elder Needs Law, PLLC. This book was released on 2018-10-01 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: As we age, the exorbitant cost of long-term care is, by far, the greatest risk to one's financial security. From hiring a home-health aide, to paying for assisted living facilities or nursing home care, five years of long-term care can easily cost between $200,000.00 and $600,000.00 - which will completely decimate the life savings of most Americans. Most people don’t realize that Medicaid is available to pay for long term care expenses. Even fewer know that one can legally and ethically qualify for Medicaid before going broke! This book was written by a Florida elder law attorney and includes an overview of Medicaid Planning, with chapters devoted to: - The Medicaid Income and Asset Tests - Countable vs. Non-Countable Assets - What is a Qualified Income Trusts (Miller Trust), and when is one needed? - How to Protect Your Home (or sell the house and still be Medicaid eligibility) - Clarifying the 5-year look back period (no, you shouldn't have to wait 5 years to engage in Medicaid Planning) - Personal Services Contracts (Caregiver Agreements) - Special Needs Trusts - How to minimize or avoid Medicaid estate recovery - other lesser-known Medicaid Planning techniques The book will explain how to take someone with too many assets and qualify them for Medicaid. It will also explain how to protect one's Medicaid eligibility after receiving a sudden influx of assets (such as from a personal-injury settlement or after receiving an inheritance). Given the amount of misinformation being disseminated about Medicaid, and who is able to obtain those long-term care benefits, this guide (written by a Florida Medicaid lawyer - https://www.elderneedslaw.com/ - for the benefit of non-lawyers) seeks to provide clear steps to enable you to understand how you can tap valuable resources in order to care for yourself, your spouse, or your elderly loved one.
Download or read book Financing Long Term Care written by Marlene S. Stum and published by . This book was released on 1996 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Planning for Long Term Care written by United Seniors Health Council (USHC) and published by McGraw Hill Professional. This book was released on 2002-05-09 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: Comprehensive overview of every kind of long-term care service; how to decide which option is best for you or your loved one; everything you need to know about your financial options.
Download or read book Responsibilities for Financing Nursing Home Care written by Leslie Ann Curry and published by . This book was released on 1999 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial Planning for the Older Client written by Dana Shilling and published by . This book was released on 2001 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Aging America s Achilles Heel written by Stephen A. Moses and published by . This book was released on 2005 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Medicaid Eligibility Quality Control written by United States. Social and Rehabilitation Service and published by . This book was released on 1975 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Contextualizing Health and Aging in the Americas written by William A. Vega and published by Springer. This book was released on 2018-09-22 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents new insights into the consequences of the impending growth in and impact of the older segment of Latino aging adults across distinctive regions of the Americas. It uses a comparative research framework to further understanding of current issues in health and aging in the transnational context of the health and migratory experiences of the U.S.- Mexican population. It provides an important contribution to the interdisciplinary investigation of chronic diseases and functional impairments, social care and medical services, care-giving and intervention development, and neighborhood factors supporting optimal aging, using new conceptual and methodological approaches (inter-group comparisons). Specifically, the chapters employ different methodologies that investigate trends in aging health and services related to immigration processes, family and household structure, macroeconomic changes in the quality of community life, and focus on the new realities of aging in Latino families in local communities. The book focuses on measurement, data-quality issues, new conceptual modeling techniques, and longitudinal survey capabilities, and suggests needed areas of new research. As such it is of interest to researchers and policy makers in a wide range of disciplines from social and behavioral sciences to economics, gerontology, geriatrics, and public health.
Download or read book Grave Robbers written by Amanda Spishak-Thomas and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation includes three papers examining financial long-term care planning among low-income aging adults and the consequences of Medicaid policies like estate recovery. Paper one considers Medicaid estate recovery and its impact on Medicaid enrollment and homeownership among low-income adults age 65 and older. Paper two examines the estate planning and wealth transfer behaviors of a cohort of older adults newly enrolled in Medicaid. Finally, paper three presents a case study of Medicaid estate recovery in North Carolina. Collectively, these three papers find that Medicaid policies that target older adults may be having disparate effects depending on socioeconomic status, race, and rurality and exacerbating disparities in intergenerational transfers of wealth while recouping little for state Medicaid programs.
Download or read book The Caregiver s Legal Guide Planning for a Loved One With Chronic Illness written by Christopher J. Berry and published by Advantage Media Group. This book was released on 2014-07-18 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: Insider Strategies to Plan for Medicaid, Veterans Benefits and Long-term Care and How to Help Your Loved One to Live With Peace and Dignity The Caregiver’s Legal Guide to Caring for a Loved One with Chronic Illness was written by a Certified Elder Law Attorney to help seniors, veterans and their families navigate the long-term care legal maze. Inside you will find tips, tricks, and legal strategies to help protect the quality of life and resources for a loved one who is suffering from a chronic illness, such as Alzheimer’s, Dementia, Parkinson’s, Multiple Sclerosis, Huntington’s Disease, or even the frailties of aging. Aid & Attendance Veterans Benefit. You will have peace of mind to know that when your loved one needs care, he or she will have the best quality of life possible and be able to afford the best level of care.
Download or read book Baby Boomer s Guide to Estate and Medicaid Planning written by Jon A. Iverson and published by . This book was released on 2005 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: While estate and Medicaid planning can be overwhelming and intimidating, this resource demystifies all the complexities with an emphasis on lifetime planning--health care powers of attorney, living wills, financial powers of attorney, long-term care insurance, and guardianships. Living trusts are discussed in detail, including fiduciary duties, the manner in which trusts are taxed, and the characteristics of trusts versus wills. The ins and outs of long-term care insurance, such as the likelihood of coverage needs and the effect of inflation on costs and benefits, are also explained. Finally, an extensive section on Medicaid provides succinct information for families of wealthy and modest means.
Download or read book Financing Long term Care for the Elderly written by and published by . This book was released on 1993 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Report on Medicaid Alternatives to Nursing Home Care written by Wyoming. Office of Health Care Financing and published by . This book was released on 2006 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: An evaluation presented to the governor and the legislature on the Assisting Living Facilty and Long Term Care waivers.
Download or read book Medicaid Liens and Estate Recovery in Massachusetts written by Hunter McKey and published by . This book was released on 2005 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Representing the Elderly Client written by Thomas D. Begley (Jr.) and published by Wolters Kluwer. This book was released on 2004-01-30 with total page 812 pages. Available in PDF, EPUB and Kindle. Book excerpt: Are you ready to go beyond advising and planning to actively advocating the interests of your elderly clients? You can be, with this two volume handbook from two veteran elder law advocates. In a systematic and practical fashion, the authors address each key practice issue and provide an overview of the basic rules and guiding statutes/regulations, in-depth analysis of elder law practice together with guiding case law, and step-by-step explanation of the advocacy process, revealing how law operates in the real world and where things can go wrong. Plus you'll get their practice-tested minisystem for effective advocacy. After an introductory section explores basic principles, Representing the Elderly Client: Law and Practice addresses the six areas you'll encounter most often: Medicaid Special Needs Trusts Medicare and Managed Care Elder Abuse Nursing Home and LTC Facilities Intra-family and Postmortem Advocacy for Elderly Clients and Heirs. Practice forms, flowcharts, and tables put all essential information at your fingertips. The forms contained in the Author's Advocacy Mini-systems will save you hours of preparation time. Start finding effective solutions to your elderly clients' problems with Representing the Elderly Client: Law and Practice. Along with your Representing the Elderly Client two-volume print set, you'll receive a FREE CD-ROM containing word processing documents used in handling some of elder law's most complex concerns.
Download or read book Financial and Health Care Planning for the Elderly in Ohio written by Ruth R. Longenecker and published by Anderson Publishing Company (OH). This book was released on 1994-01-01 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: This up-to-date & comprehensive manual covers a broad range of elderly financial & health care planning issues. This edition covers powers of attorney, living trusts, Medicaid, long-term care & Medigap insurance, durable powers of attorney for health care, & living wills. Financial & Health Care Planning for the Elderly in Ohio gives thorough explanations of applicable Ohio & federal law, as well as other selected states, such as Kentucky, Indiana, Michigan & Florida. Topics include: * Medicaid Eligibility rules Spouse's resource allowances Latest gift & trust rules * Insurance Long term care insurance Tax treatment Accelerated benefits Medigap insurance * Health Care Ohio restrictions & OSBA/OSMA model form Comparison of advance directive statutes * Financial Planning Gifts using a power of attorney Uses & misuses of living trusts & joint trusts.
