What an Illinois Medicaid Applicant Can and Cannot Keep: Pensions & Annuities In this Elder Law Minute, Wes Coulson explains how the Medicaid-Compliant Annuity does not count as an asset and can be beneficial when used as income toward nursing home payments. Call DCEL today to learn more! Video Transcript: Greetings! I’m Wes Coulson […]
Burial Funds & Burial Spaces : What an Illinois Medicaid Applicant Can and Cannot Keep
Burial Funds & Burial Spaces : What an Illinois Medicaid Applicant Can and Cannot Keep In this Elder Law Minute, Wes Coulson explains the rules that many people overlook or may not know when it comes to having a prepaid funeral and burial contract be an exempt asset. Video Transcript: Greetings! I’m Wes Coulson […]
Countable vs. Exempt Assets
Illinois Medicaid Eligibility Rules Series: Countable vs. Exempt Assets In this Elder Law Minute, Wes Coulson begins his new Illinois Medicaid Eligibility Rules series by explaining the laws surrounding what a Medicaid applicant is legally allowed to keep. Video Transcript: Greetings! I’m Wes Coulson from Dent Coulson Elder Law and this will be your Elder […]
Community Spouse Resource Allowance: Pt. 2
Community Spouse Resource Allowance: In this Elder Law Minute, Wes Coulson explains the difference between Illinois and Missouri laws and how they affect the Community Spouse, regarding monthly income and reiterates that DCEL can help you protect your life savings! Video Transcript: Greetings! I’m Wes Coulson from Dent Coulson Elder Law and this will be […]
How Much Income Does a Spouse Get if the Other Spouse in in a Nursing Home on Medicaid?
How Much Income Does a Spouse Get if the Other Spouse in in a Nursing Home on Medicaid? In this Elder Law Minute, Wes Coulson breaks down how much money the community spouse gets to keep in Illinois and Missouri as of 2022. Video Transcript: Greetings. I’m Wes Coulson from Dent Coulson Elder Law, and […]
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