Archive for August 2018
Expert Tips for Georgia Medicaid: Is This Legal?
It is not illegal to plan for nursing home expenses and to work with the rules given by our federal and state government to access available resources. It is, however, illegal to hide assets from the government in order to qualify for Medicaid. The asset plans created by our firm involve complete disclosure to DFCS…
Read MoreExpert Tips for Georgia Medicaid: Hide Your Assets in a Trust?
“Can’t I just put Mama’s assets in a trust and then apply for Medicaid?” We hear this question maybe weekly. Unfortunately for these families, qualifying for Medicaid is not that easy. Medicaid Asset Limits In Georgia, you cannot own more than $2,000 of countable assets to be eligible for nursing home Medicaid. For a thorough…
Read MoreIncrease in the Monthly Personal Needs Allowance
This year, Georgia increased the amount of money that a nursing home resident receiving Medicaid benefits can keep from their monthly income. As you are aware, Medicaid is a means-tested health insurance program for those with limited income and assets (for a complete discussion on those limits, please click here). Medicaid’s Cost Share (or Patient…
Read MoreAthletes Face LBD Danger from Contact Sports
Dem Sports athletes may be at increased risk for Lewy Body Disease (LBD) which can then cause Parkinson’s disease, a brain disorder that leads to problems with movement and thinking. A new study by VA-BU-CLF Brain Bank just published in the Journal of Neuropathology and Experimental Neurology, suggests that sports athletes may be at increased…
Read MoreExpert Tips for Georgia Medicaid: Getting Medicaid Even When You Have Too Many Assets
To qualify for nursing home Medicaid, applicants must show that they have a limited amount of countable assets. These rules can be very confusing, and most families worry that their loved one cannot qualify for Medicaid. Currently, Georgia residents must have less than $2,000 in countable assets in order to qualify for nursing home Medicaid.…
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