The Dangers of Do-It-Yourself Estate and Medicaid Planning

We are living in the midst of a do-it-yourself (DIY) revolution. There is unprecedented access to instructions and information on how to do things you never thought you would be able to do on your own. Under certain circumstances, like when it comes to finding recipes on the internet or getting tips on garden care from HGTV, this is a positive development. Additionally, as we age many of us become ever more Read More

Estate Planning: Not Just for the Rich and Elderly

There are numerous misconceptions surrounding estate plans. Far too many people believe that they are a tool only for the wealthy and only for the elderly. However, this could not be further from the truth. The fact is, if you own possessions and you have loved ones, an estate plan is incredibly beneficial—no matter your age and amount of wealth. Below we have detailed some of the biggest reasons why an Read More

6 Non Countable Assets for the Medicaid Asset Test

In order to qualify for Medicaid in the State of Florida, applicants must qualify medically and they must undergo a rigorous examination of their finances. They must fulfill specific criteria in the form of two tests known as the Income Test and the Asset Test. We will provide more details on the Income Test in future blogs, but today we are going to provide some important information about the Asset Test In Read More

Medicaid Planning Has No Age Requirement: 4 Ways to Prepare for Your Long-Term Care Needs Right Now

Medicaid is one of the least understood and most often overlooked programs when it comes to long-term care. The program is designed to help those with financial need to qualify for health care coverage, but the reality is that even those who wouldn’t normally consider themselves poor may qualify for this program when they become senior citizens and begin needing long-term care assistance. If you don’t plan for Read More