Medicaid Planning and Asset Protection
Practice Areas
Medicaid is a health program for individuals with low income and few resources. It pays for medical and dental coverage and can also pay for the cost of housing an individual in a residential care facility. Medicaid was created under Title XIX of the Social Security Act of 1965, so it is often called “Title XIX.”
There is a common misconception that a couple must use up all of their available assets for care before one spouse becomes eligible for Medicaid. In fact, Medicaid has safeguards in place to ensure that the spouse of a Medicaid-eligible person can retain assets. These provisions help ensure that the community spouse is able to live out his or her life with independence and dignity.
Understanding Medicaid is challenging. There are many scenarios that lead to different results. At Abendroth Russell Barnett Law Firm, our attorneys can help you navigate this complicated process.
We recommend these attorneys for Medicaid planning and asset protection
Gail L. Barnett
515-278-0623
AREAS OF PRACTICE
Social Security
Disability Law
Guardianships and Conservatorships
Medicaid
Ross F. Barnett
515-278-0623
AREAS OF PRACTICE
Estate Planning
Probate And Estate Administration
Real Estate
Elder Law and Asset Preservation
Title Examination
Landlord and Tenant Representation
Recommended blog posts
Special Needs Trusts – A Medicaid Tool
Social benefit programs designed to help people with disabilities typically have restrictions on how much money the beneficiary can have. Caps on monthly income and total assets owned are a major restriction on parents trying to complete an estate plan. Leaving money...
Medicaid – What Can I Keep?
The expense of nursing home care can rapidly deplete the lifetime savings of couples. There is a common misconception that a couple must use up all of their available assets for care before one spouse becomes eligible for Medicaid. The Department of Human Services has...
Gail L. Barnett
515-278-0623
AREAS OF PRACTICE
Social Security
Disability Law
Guardianships and Conservatorships
Medicaid
Ross F. Barnett
515-278-0623
AREAS OF PRACTICE
Estate Planning
Probate And Estate Administration
Real Estate
Elder Law and Asset Preservation
Title Examination
Landlord and Tenant Representation