Category Archives: Uncategorized

Financial Elder Abuse

If you do happen to answer the phone, you should hang up immediately if the caller is trying to sell you something. Just tell the caller no regarding any prizes, requests for money from people you don’t know and requests for money from religious and charitable organizations.

California Still Has A 30 Month Look Back for Gifting

California still has the 30 Month Look Back Penalty Period for Gifting. There is a federal law known as the Deficit Reduction Act (DRA), which has a 60 month look back penalty period. However, California has not to date implemented that law. Medi-Cal eligibility workers are required to use the 30 month look back period. […]

2017 MEDI-CAL DESK REFERENCE

2017 MEDI-CAL DESK REFERENCE Divestment Penalty Divisor $8,189.00 Individual Resource Allowance $2,000.00 Monthly Personal Needs Allowance $35.00 Community Spouse Resource Allowance $120,900.00 Monthly Maintenance Needs Allowance $3,023.00 Resource Allowance for a Couple (Husband and Wife both in facility) $2,000.00/each MICHAEL J. YOUNG, ATTORNEY AT LAW Elder Law Planning, Estate Planning, Trusts, Probate, Real Estate, Preservation […]

Medi-Cal Gifting Rules for a Single Person

Click the link below to find out about the Medi-Cal gifting rules for a single person.  Medi-Cal presently has a 30 month look-back period for gifting. The period of ineligibility starts when the gift is made. When the Deficit Reduction Act (DRA) rules are adopted in California, there will be a five year look back […]