Is a Texas nursing home a possibility for you or someone you care about? Then you’ll likely find yourself having to file Medicaid application sooner or later. Why? Because outrageous monthly nursing home costs can lead to financial ruin. The Medicaid program is the only federal program that helps pay long-term care nursing home costs. Tackling […]
Certain states cap limit income. You’ll have high nursing home bills with too little income to cover it. A number of states apply Medicaid income limits. These states are referred to as “Income Cap States. The legislature in each strictly limit the amount of income an applicant for Medicaid nursing home benefits can have and […]
To qualify for Medicaid help paying nursing home bills, you cannot simply transfer your assets and move into a nursing home. But the rules allow you to protect assets if you know your way around Medicaid penalty calculations in Texas. The government has a legitimate reason for delaying benefit payments. When a person has assets and gives […]
When you find yourself in need of an Elder Law Attorney, you usually won’t have much time to make a decision. Maybe you just found out that Medicare only covers the first 100 days in nursing home. Maybe you’ve just been told you’re ineligible for Medicaid. Maybe the hospital just informed you they are discharging […]
There are many reasons you might be looking for an elder law attorney for medicaid planning in Houston, Texas. However, one of the most common reasons is that you or a loved one is facing the need for specialized long-term nursing home care. Unfortunately, many families unnecessarily lose tens of thousands of dollars by opting […]
A Simple Interview Strategy to Pick Out Your Houston Elder Care Attorney Finding a good Houston elder care attorney isn’t easy, especially if you don’t have much experience working with lawyers. Fortunately, you don’t have to be a legal expert to find the right elder law attorney for you. Separating the wheat from the chaff […]
Defining Durable Financial Power of Attorney & Other Important Terms What is a Durable Financial Power of Attorney? What about an advance healthcare directive? What about a living will? When it comes to legal and financial planning, it’s easy to feel overwhelmed. Every specialized area of life has its own vocabulary. Estate planning and elder […]
Recently, I’ve noticed a few clients preferring to prepare an estate plan without informing their adult children. They have the desire to plan for the distribution of their estate after their death and to make sure someone they trust has the authority to make important health and financial decisions when an illness or disability prevents […]
Whether or not it’s advisable to prepare and submit your own application for Texas Medicaid nursing home benefits turns on several questions: How complicated is the applicant’s financial picture? How well-organized are you? How much time do you have available? How comfortable are you dealing with a government bureaucracy? Can you afford to lose a […]
Most people are not aware of gifts exempt from Medicaid penalty. The common belief is Medicaid rules prohibit making gifts when a family member needs nursing home care. Medicaid gifting rules actually encourages certain transfers. Misunderstanding these rules can financially devastate your family. The annual costs of nursing home care in the Texas metropolitan areas […]