A Qualified Income Trust (or QIT) is one that affords the beneficiary control over the amount of money that is… Continue reading Qualified Income Trusts
Five Strategies for Protecting Money from Medicaid
Oftentimes, people want to protect their money with the (good) intention of passing it on to family after they pass… Continue reading Five Strategies for Protecting Money from Medicaid
Exceptions to Medicaid Gifts
Many people will try to give away some or much of their assets in an effort to qualify for Medicaid.… Continue reading Exceptions to Medicaid Gifts
Does Medicaid Pay for Adult Day Care?
In most all cases, Medicare Part B DOES NOT cover any type of adult day care. It will, however, cover… Continue reading Does Medicaid Pay for Adult Day Care?
Many people all over the country take advantage of the benefits that Medicaid provides for them. However, those same people… Continue reading Understanding Medicaid
What are Medicaid Beds?
Despite the name, a Medicaid bed isn’t an actual bed. Instead, it refers to what is known as a bed-hold… Continue reading What are Medicaid Beds?
Annual Exclusion Gifts and Medicaid
At Scott Counsel, we pride ourselves on our extensive knowledge of difficult subjects, such as Medicaid, for example. It can… Continue reading Annual Exclusion Gifts and Medicaid
Impact of Gifts Made in the Last Five Years
We all would like to think that Medicaid will be there for us without question if we happen to need… Continue reading Impact of Gifts Made in the Last Five Years