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 […]
Elder Law Minute – Joint Bank Accounts and Medicaid
In this Elder Law Minute, Wes Coulson discusses the Medicaid rules and how they apply to joint bank accounts. Having your child’s name on your bank account can cause problems when applying for Medicaid. Medicaid considers joint bank accounts to only belong to Medicaid applicant. Even if the adult child withdraws money from the account […]