Tag

Medicaid
Why an Elder Law Attorney Is Critical When Planning
Whether you’re planning for yourself or caring for an aging loved one, it’s important to understand how elder law can safeguard health, finances, and long-term quality of life. At Miller & Miller Law Group, we help Brooklyn families with estate planning, Medicaid applications, asset protection, and more. Ask yourself: Is your will up to date?...
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When it comes to aging, one of the most important—but often overlooked—topics is long-term care. So, let’s start by answering a basic but essential question: What is long-term care? Long-term care refers to a variety of services and supports a person may need when they are no longer able to perform everyday activities independently. These...
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Regarding long-term care in a nursing home, Medicaid is often the primary payer for individuals who require such services. However, qualifying for Medicaid isn’t as simple as filling out an application. A crucial eligibility factor is the “Medicaid Lookback Period.” Specifically, Medicaid applicants for institutional care need to be aware of the five-year lookback period,...
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A Pooled Income Trust is a valuable financial tool for individuals who need to qualify for Medicaid in New York while still maintaining control over their excess income. As of 2024, Medicaid eligibility in New York is determined based on the applicant’s assets and income. There is a set income limit for eligibility, and if...
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Navigating the complexities of Medicaid eligibility can be a daunting task, especially when it involves the protection of your hard-earned assets. One effective tool in this arena is the Medicaid Asset Protection Trust (MAPT). In this blog, we’ll explore what MAPTs are, how they work, and provide real-life examples to illustrate their benefits. What is...
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When navigating the intricacies of Medicaid, particularly when planning for long-term care, you’ll encounter terms that might be unfamiliar yet profoundly influential. One such term is “community spouse.” I’m here to demystify this concept and its implications for Medicaid eligibility and benefits. What is a ‘Community Spouse’? A “community spouse,” sometimes referred to as the...
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Due to advances in medical technology, more Americans are living longer. In many ways, this is great news. However, this situation has brought about some significant challenges that all aging people now have to face. One of the most pressing concerns is the rising cost of long-term care. Understanding how to cope with the increase...
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In order to receive federal assistance through the Medicaid program for nursing home care, assisted living, in-home care, or adult foster care, an individual must meet the income and asset threshold requirements. Due to these rules, many candidates have to give away their money and resources to qualify. Medicaid administering agencies review all individual financial...
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The largest single minority in the United States consists of 58 million individuals five years of age or older that are identified as special needs. The majority of federal and state benefits available to help persons with disabilities are needs based, meaning income and assets are strictly limited and can often by misinterpreted, resulting in...
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The need for affordable long-term support services has seen a dramatic increase. Whether you struggle to pay premiums for a long-term care insurance policy or monthly bills from a nursing home, costs all around are exorbitantly expensive. The US Department of Health & Human Services (HHS) finds that Americans aged 65 or more have a...
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