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info@lawelderlaw.comCategory: Medicaid
The Burden of the Caregiving Spouse
Sep 04, 2015
By Rick Law, Medicaid crisis planning attorney and estate planner at the Elder Law firm of Law Elder Law in Western Chicagoland in IL. An often overlooked aspect of Alzheimer’s disease is the burden placed on caregiving spouses, who often need care themselves later. We once had a client whose husband had Alzheimer’s disease and […]
The Mythology of Medicaid
Aug 17, 2015
By Elder Law and Estate Planning attorney Rick Law of the Estate Planning Center at Law Elder Law. Senior advocates in Aurora, Illinois. Most people believe that Medicaid is only for the really poor members of society and that they will never use Medicaid. There is a stigma attached to Medicaid in many people’s minds […]
Can Medicaid Also Help Pay For Prescription Medication?
Aug 03, 2015
By estate planning and elder law attorney Rick Law of the Estate Planning Center at Law Elder Law, located in Aurora, IL. One problem commonly encountered when someone needs to apply for nursing home Medicaid assistance is that many people have not signed up for Medicare Part D at its inception. It’s often the case that the […]
Medicare and Long-Term Care For Seniors
Jul 08, 2015
By Rick Law. Lead Attorney at the Estate Planning Center of Law Elder Law in the West Suburban Aurora, IL. Serving Seniors and their Families in DuPage, Kane, Kendall, Will, DeKalb and Cook Counties in Illinois. Medicare does not care about in-home care, assisted-living care, or nursing home care. There are no Medicare reimbursement codes […]
Is Your Estate Plan a Life Plan or a Death Plan?
Nov 26, 2014
By Rick L. Law of the Estate Planning Center at Law Elder Law in suburban Aurora, IL Over the years, I have learned to distinguish between traditional estate planning (a Death Plan) versus longevity planning (a Life Plan). The traditional estate plan is triggered into action by someone’s death. An eldercare estate plan, while being […]
What Kind of Medical Expenses Help Determine VA Aid & Attendance Eligibility?
Nov 09, 2014
By Senior Advocate Rick Law of the Estate Planning Center at Law Elder Law in West Suburban Aurora, Illinois. As we discussed before, someone may have told you, or the veteran you love, that you have too much income to qualify for the Aid and Attendance benefit. But did you know, some unreimbursed medical expenses […]
Common Mistakes Made By Seniors
Sep 18, 2014
By Estate Planning Attorney Rick Law, advocate for seniors and baby-boomers in Kane County, Illinois. Too many people make grave mistakes, spending or giving away money freely before they unexpectedly need to qualify for Medicaid. That said, when planning is done properly, it’s often possible to qualify for Medicaid while saving some of your assets […]
Medicaid Eligibility For Seniors
Sep 16, 2014
By Elder Law attorney Rick Law of the Estate Planning Center at Law Elder Law in west suburban Chicagoland, IL. Let’s get a little more in-depth on the issue of Medicaid eligibility. What assets “count” for Medicaid, and which are exempt or non-countable? For single individuals in Illinois, Medicaid considers that all assets that are classified […]
Who Qualifies for Medicaid?
Aug 19, 2014
By Rick Law, founder of the Estate Planning Center at Law Elder Law in West Suburban Aurora, IL Medicaid imposes some strict qualification criteria, but in general, it will cover long-term care in a skilled nursing facility when the patient meets two conditions: The patient’s personal income and asset holdings are under strict limits The […]
What is Medicaid?
Aug 17, 2014
By Rick Law of Law Elder Law in Aurora, IL Medicare is a health insurance program that is an entitlement – regardless of an individual’s income or assets. Medicaid is not. Medicaid is jointly funded and administered by the federal government through the Centers for Medicare and Medicaid Services and each state. The responsibility for […]
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