Archive for the ‘Articles’ category

Pooled Income Trusts and Medicaid Home Care, by Martin Petroff, Esq

August 25th, 2010

Pooled Income Trusts and Medicaid Home Care

Disabled persons of any age receiving community Medicaid services – including home care, adult-day care and prescription drugs – are now able to use virtually all of their income to pay for their living expenses by participating in a pooled-income trust. It is no longer necessary for consumers to contribute their “excess” income to the Medicaid system as a

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Huckabee rakes bill over coals

August 23rd, 2010

Ben Nelson must have felt like a punching bag.

The Democrat was the center of attention at a rally in downtown Omaha on Sunday — and much of the attention was unfavorable, as opponents of the health care legislation in Congress expressed outrage with his decision to cast the crucial 60th vote in favor of the Senate bill.

About 1,800 people attended the rally, whose star attraction was 2008 Republican pres » Read more: Huckabee rakes bill over coals

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Does Reverse Mortgage Affect Medicaid Benefits and Life Estate?

August 23rd, 2010

Scenario:

My grandparents are taking out a reverse mortgage from a bank which has offered to provide funds on a monthly basis. The agreement is such that after they pass away, the bank would sell the property and take away the proceeds leaving behind anything that’s extra to their children. Is it ok? My grandparents are nearly 70 years old and have health problems too. They have also applied for Med » Read more: Does Reverse Mortgage Affect Medicaid Benefits and Life Estate?

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