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Medicaid spend down plan Archives - When A Qualified Income Trust Is All You Need
medicaid planning with annuities by C. Randolph Coleman Jacksonville Florida elder law attorney and medicaid planning lawyer

The Use of Immediate Annuities in Medicaid Planning for Married Couples

Immediate annuities can be a useful tool to protect the spouse of a nursing home resident who applies for Medicaid. These types of annuities allow the nursing home resident to spend down assets and give the spouse a guaranteed income. But while immediate annuities for Medicaid planning work in Florida, they may not work in…

Medicaid planning with Jacksonville Medicaid planning lawyer, Elder law attorney in Florida

Medicaid Income Asset Limits for Eligibility for Nursing Home Benefits 2019

The following dollar amounts represent the Medicaid income and asset limits for 2019. If an individual exceeds these limits, they will not qualify for Florida Medicaid Institutional Care Program benefits, to help pay the cost of long term care in a skilled nursing facility. Often, when someone has excess income or assets, there are legal…

medicaid planning lawyer and elder law attorney in jacksonville, florida

Medicaid Bill Prevents Spousal Impoverishment for Home Care Coverage

Spousal impoverishment for the community spouse who stays at home when the other spouse is in a skilled nursing home is always an important issue. Members of the U.S. House house of representatives have taken a step toward extending some of the financial protections provided to seniors receiving long-term care in home or community settings.…

experienced Florida elder law attorney medicaid planning lawyer in jacksonville florida

Long Term Care and Nursing Home Facts for Florida

Interesting Facts About Long Term Care In Florida Florida nursing homes are serving increasingly diverse patient base and providing a greater variety of acute care, rehabilitative and convalescent services that cannot be delivered elsewhere. Key Facts There are 683 licensed nursing homes in Florida, representing approximately 83,587 beds (Souce: Agency for Health Care Administration) The estimated…

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