You’re invited to an upcoming Informational Seminar. Join us for lunch or dinner and a discussion of the benefits of Estate and Medicaid Planning and completing your funeral arrangements in advance.
Tuesday, August 25th, 2015 at Noon or 6:30 PM
Corrigan Craciun Gathering Room
14768 Lorain Road
Fairview Park, Ohio 44126
You will hear two brief presentations by Cleveland Estate & Medicaid Planning Lawyer, Elizabeth L. Perla, and Dignity Memorial presenter, Sophia Johnson.
Elizabeth Perla is a member of the National Academy of Elder Law Attorneys and has served on the Young/New Attorneys… Read the rest
With the decision of the First District Court of Appeals in Koenig v. Dungey, Medicaid planning attorneys and their clients were given the confidence to employ annuities in Medicaid planning for married couples.
Community Spouses and the Community Spouse Resource Allowance (CSRA)
U.S. Congress sought to protect married individuals living in the community from financial hardship caused by their spouses’ institutionalization in a nursing-care facility by allowing community spouses to maintain some assets—the Community Spouse Resource Allowance—while still permitting… Read the rest
Why it is Used
Special Needs Trusts are trusts established for disabled individuals under the age of 65. The goal of the trust is to hold funds that the disabled individual may have received from settlement, inheritance, or earned or received prior to the onset of a disability to improve quality of life without effecting eligibility for programs like Medicaid, SSI or SSDI. Funds in a special needs trust can be used for extras like:
• Attendance or participation at recreational or cultural events;
• Travel and vacations;
• Participation in hobbies, sports or other activities;
• Funds … Read the rest
Caring for an elderly loved one is one of the hardest jobs in the world. Beyond the physical care that must be performed, you also have to practically become an expert in medical care and equipment, pharmaceuticals, and the like. How to pay for medical care is also an issue that should be on your radar. The purpose of this Medicaid Planning Guide is to provide you with an easy to understand guide to Medicaid and how it relates to you the Caregiver and the person you are caring for, who I refer to as the Caregivee.
What is Medicaid?
Medicaid is a health insurance program funded with state and federal… Read the rest
Medicare Part A provides limited coverage for skilled nursing care if certain requirements are met. However, even if your care is Medicare Part A eligible, it only covers the cost of a skilled nursing facility for up to 20 days, with the possibility of an additional 80 days on a co-payment basis. The average nursing home stay is 2.4 years.
Beyond the limited time that Medicare Part A will cover care is the simple fact that it does not cover the majority of nursing home care because most residents of a nursing home do not require skilled care, which is a prerequisite for Medicare Part A coverage. … Read the rest