Medicaid Legal Questions and Answers
How Do I Establish a Medicaid Income Trust?
This question is regarding medicaid income trusts. Are these trusts normally irrevocable? Is the grantor's social security number allowed to be used when setting up a bank account in the name of the medicaid income trust? Is this also known as a supplemental needs trust? What liability does the bank have if accepting the medicaid income trust to set up a trust account? Would t...
07/05/2009 | Category: Medicaid | State: Florida | #17337What is a Medicaid Income Trust?
Someone told me I should put my money separate from my 2nd husband's money into a Medicaid 'Safe' Trust, since he has 3 serious illnesses. What is that and is it legal?
07/02/2009 | Category: Medicaid | State: Michigan | #17317Can False Codes Be Used to Submit a Medicare Claim?
Can a DME company submit diagnosis to medicare for payment for orthotic splints by using diagnosis codes that medicare will pay for instead of the diagnosis submitted by therapists?
06/27/2009 | Category: Medicaid | State: Florida | #17218What should we do with my father's assets before applying for government assistance programs?
My father-in-law lives in Mississippi. He is wanting to deed all of his assets and property into a family trust. His main two goals are:1. To protect his estate for his three adult children (with his oldest daughter as trustee) 2. Have all of his assets out of his name in the event he becomes ill (he is 87 years old) so he may qualify for Medicaid benefits later in his life....
06/08/2009 | Category: Medicaid | State: Alabama | #16909How would I transfer property to my children but still collect rental income from it?
I would like to make out a form for the 5 year period so that they cannot take my property in case I become ill. However, I want the right to get the income from the property until I become disabled. I need to put my property in my kids name, so, how do I do this? Also, I had a tenant that left me with a large bill and need to get my money from her; so, how can I get a garnishm...
06/04/2009 | Category: Medicaid | State: Nebraska | #16863Which trust is required for asset protection, specifically protection from long-term care costs?
Which trust is required for asset protection, specifically protection from long-term care costs? Can a married individual be the sole trust maker of this trust? Is there any condition under which this trust may become revocable?
05/19/2009 | Category: Medicaid | State: Massachusetts | #16713Can the state deny Medicaid to a mentally retarded adult who is receiving SSI only?
Mentally retarded adult receiving SSI now denied medicaid due to receiving deceased father's benefit amount, thus an increase over his SSI benefit. Increase started in 2001. Now receives a total $1109 monthly. Can MO deny medicaid? Basis?
04/20/2009 | Category: Medicaid | State: Missouri | #16053What deed is needed to transfer ownership of my home to my two children?
My husband and I own our home outright. I want to put the house in my two children's names. My son and married daughter. Is this possible with a quitclaim deed or is a warranty deed better? If I need to ever go to a nursing home, I do not want them to take my home for payment that is why I prefer giving it to my children now before I get older. With any of these Deeds, would ...
04/18/2009 | Category: Medicaid | State: Florida | #16040Will Medicaid attached my sister's assets if she goes into a nursing home?
My older sister and I have lived together for 20+ years. We use the same checking account. Our home was originally purchased by my sister but a few years ago we had it put in my name as well. Her only income is from Social Security. She has no savings or any source of income. I am a school teacher and also receive $800 monthly for past child support. My sister now needs to be i...
04/16/2009 | Category: Medicaid | State: Texas | #16029Can Medicaid Attach House Transferred to Children With Retained Life Estate?
We bought my father and mother's property in the year 2000. Since then, my mother has passed on and my father is ready to go into a nursing home. We paid the property off in 2004. We gave my parents the right to live there for life. Now, we have two deeds - a warranty deed and a mortgage deed. The mortgage deed says that it is paid for and is discharged and signed by my father...
03/05/2009 | Category: Medicaid | State: Ohio | #15455