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
Cleveland Elder Law Lawyer Elizabeth L. Perla to Speak at North Olmsted Senior Center on March 9, 2017 at noon on Medicaid Changes. August 1, 2016 marked a big change for Ohio Medicaid. Elder law attorney Elizabeth Perla will walk you through the changes to Ohio’s Medicaid program, including Ohio’s income and asset requirements, and how they will affect Community based Medicaid recipients and those receiving long-term care. She will also touch upon Medicaid planning opportunities. Bring your questions and get educated on this vital topic!
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Effective August 1, 2016, Ohio updated the administrative code and set forth updated eligibility requirements for single individuals who own a home and are seeking or already receiving long term care Medicaid.
Previously, Ohio had a 13 month exemption period. That is, for 13 months after a single individual left his home to enter a facility, the value of his home would not be deemed a countable resource for Medicaid purposes. Ohio would also treat the home exempt if it was put up for sale with a real estate agent. These provisions were vital for individuals with homes to obtain and maintain… Read the rest
What is Spend down?
Under current rules, if your income is above the special income limit of $2199 per month, you are able to deduct medical expenses like monthly health insurance premiums and recurring medical expenses to meet the limit.
What does the elimination of “Spend down” mean for Medicaid recipients with income over the special income limit?
The elimination of “Spend down” means that individuals with income over the special income limit who are residing in a nursing home, assisted living or who are receiving home and community based waivers like Passport will need to establish… Read the rest
In a previous post, http://www.perlalaw.com/blog/the-ohio-supreme-court-leaves-older-couples-with-revocable-trusts-in-a-tricky-situation/, I discussed the case of Atkinson v. Ohio Department of Job and Family Services. In that case, the Ohio Supreme confirmed that having a home in a revocable living trust was not only no longer a beneficial Medicaid planning tool for married couples but detrimental to married couples applying for Medicaid, as it created a trap for those wanting to transfer the home to the healthy spouse.
Thankfully, the Ohio Department of Medicaid… Read the rest