It seems to be tougher and tougher for people to qualify for Medicaid. Illinois has adopted a law called the Deficit Reduction Act, which increases the amount of time that gifts will be taken into consideration from 3 years to 5 years. While this new law does make it more difficult to qualify for Medicaid, […]
Elder Law Minute: Medicare Complete – Medicare Advantage Plans
In this Elder Law Minute, Wes Coulson talks about Medicare Complete plans. A Medicare Complete plan is actually a Medicare HMO that works as a substitute for Medicare. A Medicare Complete plan does not cover Medicare days in the nursing home. Medicare Complete is not the same as a Medicare supplement policy. Hi, I’m Wes […]
Answers or Solutions?
Last month when we were visiting a local assisted living facility on National Healthcare Directives Day, I spoke to a resident who identified himself as a war-time veteran. He was reading our brochure on veterans’ pension benefits. I asked him if he had looked into the possibility of his qualifying for those benefits. He said […]
Elder Law Minute – Medicaid Allowance
Wes Coulson discusses the allowance for those who are on Medicaid. Medicaid was passed into law in 1965, and the allowance for Medicaid was $30 a month. Although prices for everything have gone up since 1965, the Medicaid allowance is still $30 a month. Elder law planning can help nursing home residents put aside money […]
The $20,000 Power of Attorney
Nobody in their right mind would pay $20,000 just to have a power of attorney drawn up, right? After all, it’s “just a form” – you can even find some free ones online, with a little digging. Well, looks can be deceiving. Sometimes, you need to look past what you pay for and focus instead […]
