If you have a loved one that receives Medicaid or if you have a loved one who needs special care, how you structure their finances is critical to ensuring that your loved one receives of the resources available to them. In some cases, the state may try to recoup the cost of Medicaid benefits from…
One of the most dreaded possibilities following Medicaid approval is a change in the Medicaid recipient’s situation, and one of the most common changes is the receipt of funds from the estate of a deceased family member. In a previous post, we discussed the need for any at-home spouse to update their estate plan to…
Read More about Approved for Medicaid: What if Your Loved One Receives an Inheritance?
Many North Carolina Medicaid situations involve a spouse needing care and health spouse that can still live at home. During the Medicaid application process, there are steps that an at-home spouse will need to take to ensure that he or she is protected to the fullest extent possible from any adverse Medicaid claims. However, following…
Read More about Approved for Medicaid: What If You Are the At-Home Spouse?
Having a loved one receive a Medicaid approval notice normally provides the family the chance to breathe easily. However, some responsibilities don’t stop once someone is approved. A Medicaid Approval/Denial Notice looks like this in North Carolina . The first section, marked “Approvals”, outlines who has been approved, the program for which they have been…
Read More about Approved for Medicaid: What Are You Responsible For?
There are Medicaid rules that have been implemented specifically to shield and protect the assets of the elderly and those with special needs. People who plan well enough in advance will have more options to aid in protecting their assets. A Medicaid planning attorney will help take the proactive route in planning for long term…