Our qualified team will define, develop and implement a strategy to achieve your families estate planning goals that could save 60-100% of youR assets while still qualifying for Medicaid.
We will discuss the current Medicaid guidelines as they relate to the following:
ELIGIBILITY and the requirements to qualify for Medicaid.
MEDICAID ESTATE RECOVERY PROGRAM (MERP), whether any assets have to be turned over to the state after the death of a loved one.
INCOME of both the applicant and spouse (if married), such as Social Security benefits, pensions, civil service annuities, Veterans benefits, royalties, etc.
ASSETS compiled from bank and investment accounts, insurance policies, burial funds, oil/gas/mineral rights, real estate (other than your homestead), etc.
TRANSFERS of money and property within the “look-back” period will be addressed as well as strategies to mitigate any penalties.
DISCLAIMER: Information ON THIS SITE is provided for general informational and educational purposes only and is not offered as legal advice upon which anyone may rely. The law changes. No attorney-client relationship is created by the offering of this information. This firm does not represent you unless and until it is expressly retained in writing to do so. Legal counsel relating to your individual needs and circumstances is advisable before taking any action that has legal consequences. Consult your tax advisor as well.
214-210-2928 | INFO@WENDYWHITEMANLAW.COM