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By Kim Boyer Elder Law News July 2006 (updated) In order to understand Medicaid qualification, you first need to know how Medicaid treats your assets. Basically, Medicaid breaks your assets down into two separate categories. The first are those assets which are exempt and the second are those assets which are non-exempt or countable. Exempt [...] By Kim Boyer Elder Law News July 2006 When applying for Medicaid, the state will “look back” five (5) years to see if any gifts have been made. The state will not let you just give away your property or your money to qualify for Medicaid. Any gifts or transfers for less than fair market [...] By Kim Boyer Elder Law News September 2006 The Veterans Administration (VA) has various programs to help elderly and disabled veterans. In some cases, these VA benefits can supplement Medicaid benefits. Nevada Medicaid requires applicants to apply for and pursue available benefits, such as VA medical benefits or Aid and Attendance. If a Medicaid applicant [...] By Kim Boyer On February 8, 2006, the federal government passed the Deficit Reduction Act of 2005, which changed the Medicaid rules. A summary of the changes and how they are implemented in Nevada follows: Increases the Lookback Period to Five Years. All transfers will be subject to a five-year lookback period rather than the [...] By Kim Boyer Elder Law News November 2006 Despite the numerous restrictions the Deficit Reduction Act (hereinafter DRA) has placed on Medicaid eligibility, elder law attorneys are still able to assist individuals and families in developing estate plans to avoid depleting their assets, should they become ill and need long term care. For those individuals [...] By Kim Boyer Elder Law News June 2003 Alzhiemer’s disease can make it difficult to accomplish tasks like cooking, making a phone call, or taking a bath. Modifying the home environment can make it safer and easier for loved ones to function at home. The Mayo Clinic offers these suggestions for simplifying living space: Keep [...] By Kim Boyer Elder Law News October 2004 One of our readers recently called our office to ask if we had literature on the difference between a Durable General Power of Attorney and a Guardianship. Due to the overwhelming number of times our office has been asked that question, we chose to make it the [...] By Kim Boyer Elder Law News April 2006 On February 8, 2006, the federal government passed a budget bill (the Deficit Reduction Act of 2005), which changes Medicaid rules. This newsletter is a summary of the changes that affect Medicaid. Increases the Lookback Period to Five Years. All transfers will be subject to a five-year [...] By Kim Boyer Avis Maxey, who was 72 years old, ingested approximately 200 prescription pills in an apparent suicide attempt. Her ex-husband, Theodore, with whom she resided, delayed calling an ambulance because he believed she wanted to kill herself. When the paramedics arrived, they nonetheless attempted to resuscitate Avis. At the hospital, Theodore signed papers [...] By Kim Boyer Elder Law News April 2004 What is Estate Recovery? In 1993, the federal government passed a little debated law that required state Medicaid programs to recover from the estates of deceased Medicaid beneficiaries. This recoupment is referred to as “Medicaid Estate Recovery.” Usually the greatest asset owned by people facing a long-term [...] |
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Boyer Law Group serves clients throughout Nevada, including Las Vegas, North Las Vegas, |
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