One of the central concerns people have with regard to Medicaid is: How much in assets can someone keep and be eligible for Medicaid? In Illinois, the Medicaid asset allowance for a single person has been $2,000. For a long time Missouri was stuck being one of the lowest of most states in the country […]
Married Couples and Medicaid: Is Getting A Divorce A Good Idea?
For a married couple facing the possibility of one spouse having to go into a nursing home, the question that may be on their minds is: Should we consider getting a divorce so that we can protect things through the spouse who won’t be going into the nursing home? Not only could getting a divorce […]
Relief At Last From Illinois’ Medicaid Application Processing Delays
Thanks to the Elder Law Bar in Illinois, we are finally getting relief from Medicaid application processing delays that people have experienced in Illinois. This is great news for our clients, prospective clients, and our friends that run nursing home facilities in Illinois. While federal law requires that Medicaid applications be processed within 90 days, Illinois, in […]
Financial Record Red Flags For Possible Elder Financial Abuse
There are financial record red flags that could alert you that someone is being a victim of financial exploitation. Does your loved one have unpaid bills, late charges, unusual amounts of cash or ATM withdrawals, charges for unusual items or other inconsistent findings in their financial records? If so, these could all be clues that […]
Married Couples and Medicaid: How Much Income Can the Community Spouse Have?
For a married couple applying for Medicaid, there are bound to be concerns regarding income and particularly how much income the community spouse (the one who isn’t in the nursing home) gets to keep. In Illinois, the base number is a set number that applies in all situations and that is $2,739. In Missouri, however, it […]
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