Tag Archives: Florida Medicaid Planning
How Medicaid Planning Today Can Help Pay for Long-Term Care Tomorrow
Medicaid Planning and Elder Law Attorneys, Palm Beach County and Martin County FL The Medicaid program was established to provide medical coverage to low-income American individuals and families for their healthcare needs. Among the benefits provided within Medicaid is financial coverage for those 65 and older, for long-term care in facilities such as assisted… Read More »
What Is the 5-Year Look Back Period for Medicaid?
Most Florida residents considering Medicaid planning measures are aware that Medicaid has a five-year look back period that applies to asset transfers. However, they don’t precisely know how this works, nor how it affects their eligibility for Medicaid benefits. Before explaining the five-year look back period, though, we first need to explain how Medicaid… Read More »
Florida Medicaid Planning to Preserve Your Wealth
As you grow older, you or your loved ones may require long-term nursing home services that threaten to completely drain your savings. Although Medicaid is designed to pay for these kinds of costs if financial circumstances prevent a family from being able to afford them, Medicaid will not go into effect until all your… Read More »
Planning for Long-Term Care in Florida
Most Florida residents reading this article are probably healthy enough to take care of themselves right now, but we all grow older. Sooner or later, many of us will need some help completing our daily living tasks through long-term care. Long term care might include living in a nursing home with round-the-clock nurses and… Read More »