Posts Tagged ‘medicaid’

Will you loose your home to the nursing home?

Before entering a nursing home, or as soon as possible afterwards, the’re ways to protect your assets.

Congress established Money Follows the Person in 2005, and states set a combined goal of moving out more than 37,000 residents from nursing homes and other facilities by 2013.

The new health care law extends the program to 2016, adds $900 million to what was a five-year, $1.3 billion initiative and loosens eligibility rules.

A person with dementia may be at risk for wandering

Senior Life Care Planning helps clients and their loved ones navigate the maze of legal, care and financial issues associated with dementia, Alzheimer’s Disease, or other disabling health issues.

Veteran lives with daughter, can she charge rent?

Rent cannot be declared as UME.

Is a business interest a countable asset for VA benefit purposes?

A Veteran is a 40% shareholder in a LLC. The LLC owns a commercial building worth $200K, that is producing $1000 of income per month, the veteran receives net $400 per month. The 40% of the business is a countable asset and the $400.00 is countable income. Consequently, complete form 21-4185 and file with other claim forms. To increase your monthly income, please contact us about a FREE HANDBOOK about VA Benefits, written by David Wingate, an accredited VA Attorney, of Senior Life Care Planning, LLC, go to info@seniorlcp.com or if you require additional information about VA Benefits, visit our…

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Would separated spouse be eligible for VA benefits?

If veteran files for NSC pension, file as a single vet. However, provide the marital information, but explain the circumstances in the remarks section and request single veteran status.

What is the difference between SSDI and VA benefits?

SSDI is an insurance program that replaces a portion of earnings for an insured worker whose illness or injury, which is not necessarily work-related, results in an inability to perform any substantial gainful activity. The program is funded through payroll taxes paid under the Federal Insurance Contributions Act or the Self-Employment Contributions Act. VDC is not insurance. It is a compensation program that pays benefits to veterans who develop medical conditions that are related to their military service. The program is funded through a mandatory appropriation under the VA budget rather than from contributions by veterans or active military personnel….

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Veterans are missing out on benefits they’ve earned

Rita Files is an elder-care professional, an accredited VA claim agent, and the chief operating officer of Aging with Grace. She can be reached at rita@agingwithgrace.net.

How the does the VA look at an asset in a trust?

If the claimant is an owner or retains any control over an asset, the VA will typically count it as an asset.

No service number on the veteran’s DD214 just a social security number, what do you do for a Merchant Marine?

For merchant marines, you need to be careful of the dates, as the war dates for Merchant Marines is a different from other branches of services; i.e. 12-07-1941 thru 08/15/1945. You can file ANY claim with just the veteran’s social security number.  Leave the service number blank and let the VA fill it in. To increase your monthly income, please contact us about a FREE HANDBOOK about VA Benefits, written by David Wingate, an accredited VA Attorney, of Senior Life Care Planning, LLC, go to info@seniorlcp.com or if you require additional information about VA Benefits, visit our Senior LCP's Website….

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