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Community Medicaid is a specific type of long-term care Medicaid that allows recipients to stay in-home or in an assisted living facility. Community Medicaid benefits are often provided through waiver services like Home and Community Based Services (HCBS) or the Aged, Blind, and Disabled Waiver (ABD). In order to achieve Medicaid eligibility, one must meet […]
Beneficiary designations bypass the probate process, and are instructions provided directly to a named individual immediately upon the owner’s death. Knowing how beneficiary designations work and how they can be used to assist (and at times to thwart) an overall estate plan is an important part of the process. Why Beneficiary Designations Matter in Estate […]
A Healthcare Power of Attorney, also known as a Medical Power of Attorney or a Durable Power of Attorney for Health Care, is a legal document that permits a person you appoint to handle your medical decision making when you are no longer able to. The decision-maker is known as the healthcare proxy, attorney-in-fact, or […]
A General Durable Power of Attorney (DPOA) is an estate planning legal document that allows an appointed person or persons to act on your behalf. The appointed person is known as the attorney-in-fact. Your attorney-in-fact can make financial decisions on your behalf and generally handle all of your financial affairs. Financial matters your agent can […]
Arkansas Medicaid, run by the Department of Human Services (DHS), provides various types of Medicaid programs for low-asset and low-income Arkansas residents. Many of these programs have asset limits and/or income limits, which are determined by the federal poverty level (FPL). Vendor Medicaid, also known as nursing home Medicaid or long-term care Medicaid, has an […]
Indiana Medicaid, run by the Division of Family Resources, provides many different Medicaid programs to low-asset and low-income Indiana residents for their health care needs. Most of these programs have asset limits and/or income limits. These limits are usually set by the state based on the federal government’s poverty level. To achieve Medicaid eligibility for […]