IRA

Are retirement plans counted towards the $2,000 Medicaid limit?

By Hurley Elder Care Law | August 23, 2017

Are retirement plans counted towards the $2,000 Medicaid limit? I have been told that my mom does not qualify for Medicaid because of her 401(k) plan. I’ve also been told that she can keep that fund and still get Medicaid. What do I do? I almost cashed her plan out last week. The rules about…

Nursing Home Medicaid–What About IRAs?

By Hurley Elder Care Law | May 17, 2017

For many individuals, retirement savings are their largest asset. And when facing nursing home care, the rules about Medicaid and IRAs can be very confusing. So, how do IRAs (and pensions, 401(k)s, 403(b)s, etc.) affect Medicaid eligibility? Will a large IRA disqualify a nursing home resident for Medicaid? For those who are receiving payments from…

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Featured Resources

Essential Estate Planning Documents: Making Choices, Taking Action

Medicaid Eligibility: Myths, Misconceptions and Misinformation

NEW Being Prepared: A Practical Guide to Getting Your Affairs in Order

What to Do When a Loved One Dies Checklist

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Client Testimonials

Very comfortable atmosphere. They treat you like you are one of the family.

Val B.

Due to aging, escalating health and cost concerns for both my husband and myself, I chose to work with Hurley Elder Care to do care and estate planning. I am so very pleased with the result. I have a much improved understanding of the complexity of this process, the necessary documents, timing, regulations and the need for professional guidance.

Gina M.

Hurley Elder Care Law went to work for my Mother and navigated all of the Government red tape and got her approved for Medicaid in short order. I, as her POA, could not even begin to climb the mountain of paperwork on my own.

David Q.

All I can say is Wow ! I have never seen a team attack and solve a problem like Hurley. We lost our father and two weeks later our mother suffered a severe stroke. Nursing home costs were draining their life savings, but Hurley found a solution and got things under control.

Gary G.

Superb service through a difficult maze of governmental regulations and requirements which are not navigable by an individual without a depth of knowledge that far exceeds mine.

Wallace M.

It's impossible to accurately describe the lost feeling of realizing you need power of attorney, updated will and general guidance all of a sudden when dealing with a parent with dementia. The firm’s responsiveness has been superb, their work flawless and their advice kind, compassionate and professional. I'll forever know that their guidance prevented us from making many bad decisions.

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