Today I’m going to answer the question, “Can my parent qualify for Florida Nursing Home Medicaid if he or she has joint assets?”

In order to answer this question and the concerns that can happen here, we have to address three important questions about the joint account:

  1. Who is the joint account owner?
  2. Who is the original source of the money of the joint account?
  3. What was purchased out of that joint account during its history?

To watch this video from my youtube channel, click here. 
[click to continue…]

{ Comments on this entry are closed }

When is the appropriate time to seek legal advice for your parent if he/she is going to assisted living in Florida?

You may be thinking, “Why the heck should an attorney be involved?”   Attorneys should be involved in the elder care process because of the high cost of providing elder care.  High costs…

  1. Could place the burden on children to pay for care.
  2. Could cause the elderly family member to run out of money and be forced to move into a care situation that he or she does not want to be in.
  3. Raises issues with family members who are thinking “inheritance” and not “I want the best care for my parents.”
  4. Raises issues with non-involved family members who “don’t get it.”

This article explains the triggers that would involve the help from an elder care law attorney.

You can also watch the video from my youtube channel, here.

[click to continue…]

{ Comments on this entry are closed }

Should I Retitle my Deed to Protect my Parents’ House from Florida Medicaid or the Nursing Home?

Asset Protection Strategies for Seniors

Today I’m going to answer a frequently asked question: “Should I re-title or change the deed to protect my parents’ house from Florida Medicaid or the nursing home?” People also say things like, “Can I change the deed?” “Can I add a name on the deed?” and “Can I get the house?” Those type of questions are […]

Read the full article →

Lawyer Assistance Need for Florida Nursing Home Medicaid Application?

Asset Protection Strategies for Seniors

Should I consult a lawyer to help me with a Medicaid application for my parent or parents in a nursing home in Florida? Now, without self interest, it depends whether or not you should involve a lawyer. In this article, I’m going to go through the rising reasons to involve an attorney. In order to […]

Read the full article →

Should I Divorce My Spouse to receive Medicaid and Nursing Home Coverage in Florida?

Asset Protection Strategies for Seniors

Today, I’m going to answer the question: Should my spouse and I get a divorce in order for my spouse to receive Medicaid and nursing home coverage in the state of Florida? This is a question that many people come to me or mention in my educational workshops that caregiving spouses worry over. The caregiving spouse […]

Read the full article →