Sunday, February 10, 2013
Medicaid and Annuities
As an elder care attorney, a phrase I hear from time-to-time is that an annuity is “Medicaid friendly.” Read more . . .
Sunday, February 03, 2013
Asset Protection Planning with Trusts
Certain types of trust may be used by seniors who want to protect their savings and other assets from creditors and long-term care costs. These trusts are referred to as “income-only trusts” or “Medicaid Asset Protection Trusts. Read more . . .
Sunday, January 13, 2013
When Should I Apply for Medicaid Nursing Home Benefits
Individuals I consult with as part of my elder care practice frequently wonder when they should submit the Medicaid application for a patient in a nursing home? The patient they are consulting about is usually their elderly parent or their spouse.Read more . . .
Sunday, November 04, 2012
Medicaid Compliant Funeral Contracts
In my last post, I wrote about how individuals can irrevocably assign the death benefit of life insurance policies in order to obtain a funeral plan.
Some elders who need to qualify for Medicaid nursing home benefits in Michigan do not have life insurance, but may have savings that would disqualify them from Medicaid. Read more . . .
Sunday, October 28, 2012
Medicaid and Funerals
As an elder care attorney practicing in the Detroit area, my clients come to me with a variety of legal needs based on their own unique situations. However, there are also some needs that are common to many of our clients, including how to pay for long-term care, reimburse a child who has provided care to their parent before the parent moved to a nursing home, and how to protect the financial security of the spouse living in the community when their spouse becomes a nursing home resident. Read more . . .
Monday, October 22, 2012
Patient Pay Offsets
In my last post, I discussed the patient pay amount, which is a special type of co-pay for nursing home residents who are eligible for Medicaid nursing home benefits in Michigan. Read more . . .
Sunday, September 30, 2012
Will the Nursing Home Take my Mother’s Social Security?
As an elder care attorney, a common question I am asked is “will the nursing home take my mother’s Social Security?” When a parent or another older loved one moves to a nursing home, there tends to be a lot going on, so people are unsure of how the billing works and what happens to the nursing home resident’s income.Read more . . .
Wednesday, September 26, 2012
Increasing the Community Spouse Income Allowance
In my last blog, I wrote about one of the protections contained in Michigan’s Medicaid rules for married couples: the ability to seek an order in probate court increasing the protected spousal amount. Read more . . .
Friday, September 14, 2012
Increasing the Protected Spousal Amount
As noted in my last post about the Michigan Medicaid Assets Declaration form, the spouse of a nursing home resident (called the community spouse) can keep all of the couple’s countable assets if they do not exceed $22,728. If the couple’s countable assets exceed $22,729, the community spouse can keep an amount equal to half of the countable assets, but no more than $113,640, without further action. Read more . . .
Sunday, August 26, 2012
What is the Assets Declaration Form?
As an elder care attorney with a law office in the Rochester Hills area, I get asked a lot of questions about the Medicaid application process for patients in Michigan nursing homes. The “Assets Declaration” form is a common source of questions, so I thought I would write about the purpose of this form.Read more . . .
Monday, August 06, 2012
Can You Get Good Care in a "Medicaid Nursing Home"
Betty was concerned and unsure about what to do next. Betty’s husband Ted, age 81, suffered his third stroke within the last two years and then he was hospitalized for a week. Ted was discharged to a nursing home for skilled rehab, but due to the effects of the stroke along with his dementia, he did not participate in rehab. Read more . . .
Elder Law attorney Andrew Byers assists clients with Medicaid Planning, Veteran’s Aid and Attendance planning, Estate Planning, and Probate & Trust Settlements in Auburn Hills, MI and throughout Oakland County, MI including Rochester Hills, Rochester, Troy, Bloomfield Township, Lake Orion, Oxford, Waterford, Clarkston, Independence Township, and Pontiac, as well as throughout the metropolitan Detroit area, including Macomb County and Wayne County, Michigan.