Susan M. Graham, Certified Elder Law Attorney, Senior Edge Legal, Boise, Idaho If a spouse is in a nursing home, with the nursing home bills being paid under the Medicaid program, when both spouses die, the State of Idaho will want to be paid back for what they paid out. Where will they get the…
Basic Comparison Points for Medicaid Institutional Benefit vs. Veterans Aid and Attendance Benefit For the State of Idaho Issue Aid and Attendance (A&A) Medicaid Institutional Asset Test for a Single Person The person can keep …. Note: There are other assets allowed, the information presented here is general. [Other assets include cash, CDs, investments, 2nd home,…
Landmines? What are they? What is the right amount to pay? Should there be a written agreement? What about taxes? Full discloser to all the family? How will this impact getting Veterans Benefits and Medicaid? “According to a report by the National Alliance for Care giving and AARP, 43.5 million Americans looked after a friend…
What if you have excess non-exempt assets? To meet the asset test it is often necessary to “spend down” excess non-exempt assets before applying for Medicaid. How can a single or married person “spend down” or make the excess non-exempt assets go away? There are four methods: 1.Pay the bills for the Medicaid applicant, and…