QMC

Medicaid Eligible Annuity

Another common Medicaid planning tool used to achieve nursing home Medicaid eligibility more quickly (while preserving assets) is through the purchase of a Medicaid Compliant Annuity. Unlike Medicare, Medicaid eligibility requirements do include analysis of the applicant’s assets, and asset limits do apply. When employing a Medicaid Compliant Annuity, assets normally designated as spend down […]

Medicaid Compliant Annuities

Another common Medicaid planning tool used to achieve nursing home Medicaid eligibility more quickly (while preserving assets) is through the purchase of a Medicaid Compliant Annuity. Unlike Medicare, Medicaid eligibility requirements do include analysis of the applicant’s assets. When employing a Medicaid Compliant Annuity, assets normally designated as spend down assets for long-term care purposes […]

Role of Elder Law Attorneys

When contemplating searching for assistance on the long-term care journey for a loved one, we certainly hope you will consider QMC to walk you through the process, ensuring a smooth and error-free journey. QMC specializes in assisting clients with spend down, asset organization, asset liquidation, financial planning and placement (ensuring a perfect resident-care facility fit). […]

What to Do When Denied Medicaid

When a person enters long-term care in a nursing home, if they insufficient assets to pay for the full term of their long-term of their long-term care and healthcare. If so, that resident and the resident’s family members must contemplate the prospect of filing a nursing home Medicaid application. The application is made to the […]

Medicaid Denial Reasons

When a loved one enters long-term care in a nursing home, if they insufficient assets to pay for the full term of their long-term of their long-term care and healthcare. If so, that resident and the resident’s family members must contemplate the prospect of filing a nursing home Medicaid application. The application is made to […]

Division of Assets Nursing Home Obligations

Legal Responsibilities of Nursing Homes regarding Divisions of Assets Nursing homes have a legal obligation to inform all married residents and their families of their right to file a Division of Assets in order to preserve a portion of the couple’s assets under a Spousal Share of assets designated for the Community Spouse.  The Missouri […]

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