Author: Mark Easley

For long-term care planning, a standard or general Power of Attorney form may be insufficient. To effectively navigate Medicaid’s strict financial rules, you need a “Medicaid-Compliant” Durable Power of Attorney. When creating a Durable Power of Attorney (POA), one should anticipate the need for nursing home care in the future, which includes the possibility that […]

To apply for Medicaid, you will generally need to provide proof of your identity, citizenship or residency, income, and assets. If these documents are not provided, your Medicaid application may be significantly delayed or even denied. A checklist of the most common documents required includes: 1. Personal & Identity Documents Proof of Identity: Government-issued photo […]

The Medicaid coverage gap refers to the population of uninsured adults with incomes above Medicaid eligibility limits but below the federal poverty level (FPL), leaving them ineligible for both standard Medicaid and Affordable Care Act premium subsidies. The states with a Medicaid coverage gap are Alabama, Florida, Georgia, Kansas, Mississippi, South Carolina, Tennessee, Texas, Wisconsin, […]

How does a probate advance work? It is a cash advance on your expected inheritance which can be received within a few business days, rather than waiting months or years for the probate process to conclude. When you are the beneficiary of a probate estate, you can expect that the probate process to take several […]

Selling a house while on Medicaid is possible, but must be done carefully to prevent loss of Medicaid benefits. Selling a primary residence while on Medicaid may be necessary, but must be done carefully to protect the Medicaid recipient’s benefits. Medicaid considers the primary residence to be an exempt asset, but once the property is […]

Real estate transfers can be done without paying immediate federal taxes by utilizing strategic estate planning tools like trusts, lifetime gift tax exemptions, or inheritance laws. Utilizing a trust is one way to transfer property while avoiding any real estate transfer tax. When a grantor transfers their property to a revocable trust, there are no […]