When a married couple is facing a health crisis for one spouse, there is a myriad of issues to sort through. What care will be needed? Where will care be provided? How will it be paid for?
Medicaid is a government program that pays for long term care. Oftentimes, the couple will utilize Medicaid for the spouse facing long term health care needs. There are rigid resource and income requirements to qualify for Medicaid and planning options available that are beyond the scope of this post, but have been discussed in other blog posts on this site, including http://www.perlalaw.com/medicaid-planning-with-annuities-for-married-couples/… Read the rest
Individuals with special needs may be eligible for government assistance programs like SSI and Medicaid. SSI is intended to provide financial assistance for food and shelter and Medicaid provides health insurance coverage. Child support payments impact eligibility for these programs and the establishment of a special needs trust when the child becomes an adult can be critical to maximizing child support payments and government benefits for the child.
When the child is a minor and receiving SSI:
When a minor is residing with a parent, his parent’s financial resources are taken into… Read the rest
Cleveland elder law lawyer Elizabeth L. Perla to speak at North Olmsted Library on July 12, 2017 at 7 pm on Long Term Care Planning. The cost of long term care, be it nursing home, assisted living or home care can quickly drain a family of its resources. Elder law attorney Elizabeth Perla will discuss how one puts together a long term care plan, including utilizing personal resources, insurance and government benefits. Bring your questions and start preparing a plan that can save your family money and improve your quality of life!… Read the rest
Cleveland Elder Law Lawyer Elizabeth L. Perla has been chosen by the National Business Institute to speak at their “Elder Law and Medicaid Planning: Everything You Need to Know” Seminar in Akron, Ohio on June 20, 2017 and Cleveland, Ohio on June 22, 2017 on the topics of Special Needs Trusts and Medicaid Post-Eligibility Issues.
The seminar is designed for attorneys, financial planners, accountants, tax preparers, trust officers and paralegals. The program will be recorded in its entirety and can be obtained by contacting NBI directly.… Read the rest
The Perla Law Firm will be at South Euclid Senior Center on Thursday, June 15 from 11:30am to 1:30pm. Come by to ask questions and learn more about estate planning and probate, family law, long term care and all things elder law! Guides of Estate Planning, Estate Administration and Medicaid Planning will be available to take home with you.… Read the rest