Category Archives: Medicaid
How to Qualify for Medicaid in Florida Without Losing Everything You Own
Medicaid helps cover medical expenses and long-term costs for older adults in Clearwater, but many have serious concerns about whether qualifying means giving up everything they’ve worked hard to save. It is an understandable concern, especially when you hear about strict Medicaid income and asset limits. Fortunately, with proper planning, getting the care you… Read More »
Misconceptions About Long-Term Care Costs In Clearwater and How To Protect Your Assets
Protecting your assets plays a key role in preserving both your financial security and peace of mind. However, long-term care costs can put everything you’ve worked for at risk, especially if you eventually need nursing home care. William Rambaum is board-certified in elder law and has provided trusted legal guidance to older adults in… Read More »
Long-Term Care Insurance Versus Medicaid Planning In Clearwater: What Is Right for You?
For Clearwater older adults and their families, planning for long-term care is one of the most important and expensive aspects of aging. The Florida Health Care Association reports that the average cost of a nursing home in Florida is upwards of $100,000 annually, which makes it critical to find a strategy that preserves your… Read More »
Talking To Aging Parents About Creating A Medicaid Trust In Clearwater
After spending much of their lives looking out for your health and safety, your parents may reach a point where they need your help looking out for their own. The impacts of aging are difficult to deal with, particularly if your parents are not well-prepared. Our Clearwater Medicaid attorney has over 40 years of… Read More »
How Transfers to Family Members Can Jeopardize Your Future Medicaid Benefits
It is natural to want to financially help family when a person has the means, especially as one gets older and sees their own children start families. However, a person never knows when a medical event or accident could send them to a nursing home for an extended or permanent stay. Paying for nursing… Read More »
Family Caregivers and Medicaid Eligibility
As family members age, it is not uncommon for them to experience physical and/or mental issues that require the services of a caregiver to keep them healthy and safe. Going to a nursing home is an option in this situation, but this may not be the desired scenario at this stage. Family members frequently… Read More »
Spousal Refusal and Asset Protection Planning for Medicaid Qualification
Admitting that one may need long-term and highly skilled medical care in a nursing home is not an easy concept to accept. For many, the thought is so unpleasant they fail to do anything to plan for this possibility, and then must scramble to qualify for Medicaid, which has strict income and asset limits…. Read More »
The Medicaid Waiting List: Do You Have Options?
Dealing with the disabilities that frequently accompany getting older is not an easy transition for anyone. Finding the money to pay someone to provide these services is beyond the reach of most individuals and their families. Medicaid is an option most seniors seek to access when health issues become too severe to handle without… Read More »
Florida Approved to Shorten Retroactive Medicaid Window
Going into a nursing home is a necessary transition for many Florida seniors as their mental and/or physical issues become too complicated to manage at home or another more independent setting. A quick perusal of the terms nursing home facilities expect of their residents reveals how expensive and out of reach this care is… Read More »
Medicaid Liens and Survivor’s Rights
Medical issues rarely arise gradually over time, but instead, often occur suddenly, and require immediate action to address. When a person’s health condition becomes severe, requiring around-the-clock care, many families are forced to put loved ones in nursing homes to provide the individual’s medical needs. Medicaid is the program most Americans living in nursing… Read More »
