» Medicaid Planning

What is a Qualified Income Trust?

A qualified income trust, also known as a “Miller trust” or “qualifying income trust” is a legal arrangement that allows adults to qualify for Medicaid funds to pay for care. If you have researched the costs of long-term care, you know that i… Read More

How To Plan For The Nursing Home?

If your family member is in a nursing home, it can be painful to watch them lose all their assets and income. For married couples this becomes even more devastating because you still need those resources at home for yourself too! There are strategies… Read More

Meet Andrew: Attorney with Extensive Estate Planning and Medicaid Planning Knowledge

By Andrew White, JD No one likes to think about losing a loved one. But when the unthinkable happens, you need people you can lean on and trust to help you make difficult decisions and move forward. I became an attorney because I wanted to be that pe… Read More

Changes to Ohio Medicaid Law: Is Your Retirement Account a Countable Asset?

If you have ever considered nursing home care for a loved one, you know that it’s costly. In Ohio, a private room in a long-term care facility can cost over $100,000 per year. Even if you have saved carefully for most of your life, it’s likely th… Read More

How to Plan for Nursing Home Costs

There’s a bumper sticker that says, “Be nice to your kids—they’ll be picking out your nursing home.” But while the saying might be good for a laugh, your monthly nursing home bill sure won’t be. AARP has estimated that 35% of people who a… Read More

Moving a Nursing Home Resident From One State to Another

It’s a fairly common scenario: an older person, whose adult children may live in different states, begins to need more care than they can get at home. The older person and their family make the decision that nursing home care is needed, and a p… Read More

Medicaid Treatment of Retirement Plans

As you are no doubt aware, nursing home costs in Ohio are high, and continue to rise. Even those families that have saved diligently for retirement often cannot afford to pay for an extended stay in a nursing home or long-term care facility. You may… Read More

How Medicaid Compliant Annuities Work

If you have needed to consider nursing home care for a family member, you are well aware of how expensive such care can be. Often, Medicaid funds are available to help pay for care, but they typically require the applicant to “spend down”… Read More

Ohio Medicaid Changes Rules Regarding House Exemption

Some recent changes to the Ohio Medicaid program may have escaped your notice at the time they took effect, but you should take notice if you or a loved one receives Medicaid in an Ohio nursing home or assisted living facility. The changes involve fi… Read More

Should You Have a Qualified Income Trust?

If you are contemplating the need for long-term care, you know how expensive it can be to pay for. Medicare does not pay for long-term care, but Medicaid may be available to help with these expenses. Unfortunately, to become eligible for Medicaid ass… Read More