Elder Law & Estate Planning Articles — Page 31 of 33
Do I have to sell my home to go on Medi-Cal and will they take it after I die?
We receive calls from people asking us if they need to sell their home in order to qualify for Medi-Cal. They also ask us if the State will take their home after they die, if they have been…Life Insurance and Medi-Cal
When we interview clients at the Law Offices of Michael J. Young, www.WalnutCreekElderLaw.com, regarding Medi-Cal qualification, we always ask if the Medi-Cal applicant owns any life…Medi-Cal and Two Cars?
For Medi-Cal qualification, one car is generally deemed exempt. We receive calls in our office, The Law Offices of Michael J. Young, 925-256-0298, www.WalnutCreekElderLaw.com, from people…THE FINAL EXPENSE TRUST FOR MEDI-CAL SPEND DOWN
A little known “spend down” technique for Medi-Cal qualification purposes is the FUNERAL EXPENSE TRUST, also known as the FINAL EXPENSE TRUST. Medi-Cal allows for assets in any amount to be…JANUARY, 2010 ELDER LAW TODAY NEWSLETTER
VA BENEFITS MAY COVER THE COST OF AN ASSITED LIVING FACILITY OR IN HOME CARE www.WalnutCreekElderLaw.com. As we discussed in previous Elder Law Today newsletters, the Veteran’s…Assets which are exempt or not counted for Medi-Cal Qualification
Certain assets are generally exempt, or not counted, for Medi-Cal eligibility. The following is a partial list of exempt assets. There are, of course, rules affecting each of these items.…VA AID AND ATTENDANCE BENEFITS
VA AID AND ATTENDANCE BENEFITS The VA Aid and Attendance pension benefit program is provided by the Veterans Administration to veterans and their surviving spouses. This benefit helps to…SPENDING DOWN AND GIFTING ASSETS FOR MEDI-CAL QUALIFICATION
For Medi-Cal eligibility, the single applicant must have no more than $2,000 in non-exempt assets in her name. If you just give away your assets, without proper planning, and you want to…THE MEDI-CAL IMPOVERISHED SPOUSE STATUTES
For Medi-Cal qualification, the community spouse (well spouse) is allowed to have $109,560 (in 2009) in non-exempt, or countable assets. This is called the Community Spouse Resource…What If You Die After Having Been On Medi-Cal?
If you die after having been on Medi-Cal, the State can pursue a claim against your estate for recoupment of the money they paid to the nursing home. But, if there are no assets in your…
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