by Christine | Sep 2, 2014 | Elder Law, Irrevocable Trust, Medi-Cal, Medi-Cal Long Term Care, Medicaid, Medicare |
Although their names are confusingly alike, Medicaid and Medicare are quite different programs. What is the difference between Medicare and Medicaid (its called Medi-Cal in California)? There are strict income and asset guidelines that must be satisfied to be eligible...
by Christine | Aug 19, 2014 | Elder Law, Medi-Cal, Medicare, Retirement Planning, Tax Planning |
The best time to discuss finances with your parents is when they are competent, self-sufficient adults. Planning ahead and seeking out the appropriate professional financial assistance on their behalf can help ensure your parents enter their golden years in the most...
by Christine | Apr 3, 2014 | Elder Care, Elder Law, Medi-Cal, Medicaid |
The rules regarding IRAs and Medicaid (Medi-Cal in California) are complicated and vary from state to state. You should talk to your attorney about your IRA to determine the best course of action for you. There are some strict financial rules governing eligibility to...
by Christine | Feb 11, 2014 | Elder Law, Estate Planning, Medi-Cal, Medi-Cal Long Term Care, Medicaid |
The fear that the government could one day seize their homes is deterring some people from signing up [for Medi-cal]. Medi-Cal [Medicaid in all other states] comes with a lot of give and take. It is a safety net for those who need it, but it does come with its...
by Christine | Feb 7, 2014 | Elder Law, Medi-Cal, Medi-Cal Long Term Care |
My mother gave me money in 2009. Now (2014) she is in a nursing home and needs to get Medi-Cal (Medicaid in all states, except California). Does that money need to go back in her account because of Medi-Cal's five-year lookback? Medi-Cal is...
by Christine | Dec 12, 2013 | Estate Planning, Medi-Cal, Special Needs, Special Needs Children, Special Needs Planning, Supplemental Security Income |
Planning for a special needs beneficiary can be incredibly complex, so it’s generally best to consult with a knowledgeable attorney in your state who specializes in this area. Estate planning helps to ensure our loved ones will be taken care of when we are no longer...
