by Jill Burzynski | Dec 18, 2020 | Blog, Medicaid, News Article
Medicaid is a joint federal and state program available to individuals who meet certain asset requirements that help them pay for long-term care costs. Long-term care often creates devastating financial impacts on Americans, especially the elderly and disabled, and...
by Jill Burzynski | Dec 10, 2020 | Blog, Medicaid, News Article, Veterans' Benefits
Many of our clients have been in the habit of making annual gifts to their children and other beneficiaries. These gifts are thought of as “annual exclusion” gifts because the IRS allows anyone to give up to the maximum amount (currently $15,000 per beneficiary)...
by Jill Burzynski | Nov 12, 2020 | Blog, Medicaid, News Article
You may never have heard of the Medicaid 5 year look-back penalty. Or you may have heard of a “five-year period” without being clear what that meant. You get busy with health, financial and insurance information when going through a long-term placement for...
by Jill Burzynski | Sep 7, 2020 | Blog, Estate Planning, Medicaid, News Article
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...
by Jill Burzynski | Aug 13, 2020 | Blog, Financing Long Term Care, Medicaid, News Article
Florida rules for long-term nursing care are complicated but Medicaid income issues are particularly difficult. State and Federal regulations both control the application process. Among the rules of importance for married couples is the Minimum Monthly Maintenance...
by Jill Burzynski | Aug 13, 2020 | Blog, Caregiver Issues, Medicaid, News Article
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...