When it comes to the potential need for long-term care, Medi-Cal planning is needed to protect your assets, especially your home, from Medi-Cal recovery. One way to do that is to create an irrevocable Medi-Cal trust. But, what if you want to revoke that trust later on? Here is what you need to know. The [ ] The post Medicaid Trusts as Part of Medi-Cal Planning appeared first on Northern California Center for Estate Planning and Elder Law.
It is generally understood that California’s Medicaid program, known as Medi-Cal, has the ability to seek reimbursement of the medical costs paid out during an individual’s lifetime from that person’s probate estate after their death. In fact, this is a big concern for most people considering whether to apply for Medi-Cal to cover their nursing [ ] The post California Bill Limits Medi-Cal Recovery Against Probate Estates appeared first on Northern California Center for Estate Planning and Elder Law.
One of the primary concerns clients have about Medi-Cal eligibility deals with previously transferred assets. In many cases, clients have already taken some bad advice and given away their assets in anticipation of applying for Medi-Cal benefits. However, as Medi-Cal planning lawyers understand, there are still options even for your previously transferred assets. Here is [ ] The post How Can Medi-Cal Planning Save Previously Transferred Assets? appeared first on Northern California Center for Estate Planning and Elder Law.
A common concern for many clients who are Medi-Cal recipients is that if they use Medi-Cal to pay for long-term care, they will lose everything they have. There is a misconception that Medi-Cal will take their homes or leave their healthy spouses penniless. Another concern is that once a Medi-Cal recipient passes away, Medi-Cal will [ ] The post Will My Parent’s Estate Be Subject to Medi-Cal Estate Recovery? appeared first on Northern California Center for Estate Planning and Elder Law.
Medi-Cal fraud and abuse are an unfortunate reality in our state. Fraud and abuse of these important government benefits cost the country billions of dollars each year, as a result of diverted funds that should have been used for valid medical services. Due to this abuse, the cost of Medi-Cal has continuously increased for many. [ ] The post Sacramento Medi-Cal Planning Attorney Warn About Fraud appeared first on Northern California Center for Estate Planning and Elder Law.
California’s Medicaid program is known as Medi-Cal. It provides free or low-cost health care coverage for adults who are 65 or older, blind, disabled, pregnant or residing in a long-term facility. Medi-Cal also provides benefits for non-disabled, non-elderly adults aged 19-64 who qualify based on their income levels. To qualify based on income, their level [ ] The post What You Should Know about Medi-Cal Law appeared first on Northern California Center for Estate Planning and Elder Law.
Most clients believe that, in order to qualify for Medi-Cal, they must transfer their property to someone else, before they can apply for benefits. In reality, though, transferring certain assets at any time within five years of submitting your application may result in a delay in receiving benefits. However, with proper planning, you can retain [ ] The post Sacramento Medi-Cal Planning Attorneys Explain how to Use Annuities appeared first on Northern California Center for Estate Planning and Elder Law.