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How a Florida Durable Power of Attorney Helps in Medicaid Planning

How a Florida Durable Power of Attorney Helps in Medicaid Planning

A Durable Power of Attorney (DPOA) is a document that gives a trusted person of your choosing, the “Agent”, legal authority to act on your behalf regarding financial matters. A DPOA withstands incapacity and is a very important document for you to have in the event...
Understanding the 5-year Medicaid Lookback

Understanding the 5-year Medicaid Lookback

The 5-year Medicaid Lookback Period is a specific provision that is often confusing, but it plays a vital role in determining Medicaid eligibility.   What is the 5-Year Medicaid Lookback? The 5-Year Medicaid Lookback Period refers to a five-year timeframe during...
MISCONCEPTIONS ABOUT MEDICAID

MISCONCEPTIONS ABOUT MEDICAID

On a regular basis we meet with families facing long term care issues who make decisions based upon an incomplete understanding of the laws and rules concerning Medicaid. Sometimes the information is obtained from friends and relatives who have navigated the Medicaid...
Do I Need a Qualified Income Trust?

Do I Need a Qualified Income Trust?

If you or a loved one needs long term care, you might have to rely on the Medicaid program to pay for most of the cost of that care.  Since nursing home care on average costs over $10,000 per month in Florida, most people do not have enough income to pay that without...