As you know, the Pension with Aid and Attendance benefit can offer substantial income to help veterans and their surviving spouses pay for long-term care. This benefit, however, is only for wartime veterans. More specifically, a veteran must have served for at least 90…
Category: Asset Protection
Should Older Adults Consider Bankruptcy?
The recent article in the New York Times, “Too Little Too Late’: Bankruptcy Booms Among Older Americans,” stirred up quite a bit about the financial situation many older adults are facing. As the article points out, many older adults are turning to bankruptcy as a…
Expert Tips for Georgia Medicaid: How to Avoid the Medicaid “Death Bill”
The rules for Georgia Nursing Home Medicaid eligibility are confusing. We have tried our best to provide clear, concise information on our website and blog to help families understand their options and rights. One area of Medicaid law that continues to confuse and scare families is…
Expert 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…
Expert Tips for Georgia Medicaid: Getting Medicaid Even When You Have Too Much Income
Medicaid is a means-tested, government-provided health insurance benefit. It is the largest payer of nursing home care in Georgia. It is also commonly misunderstood. For instance, many people believe that they may have too much income for Medicaid. It is true that Georgia has an…