Individuals with special needs must be very careful how they handle their finances in order to maintain eligibility for means-tested public benefits, such as VA pensions programs, Supplemental Security Income (“SSI”), Medicaid, Section 8 Housing, food stamps and other federal and state programs. Each program evaluates income and assets differently […]
It is very common to mistake the roles of a Personal Representative and an agent under a Financial Power of Attorney. To understand the differences, we must compare when they are able to act and what they are able to do.
Medicaid can help cover the cost of services for nursing home care, assisted living or in-home care. Many who need help paying for long term care believe that they are not eligible for Medicaid. However, despite this belief, there are many families who actually are eligible for Medicaid.
Generally speaking, a […]