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Married Person Owns Home In Nursing Home Medicaid Eligibility Attorney Facts: Married couple with $200,000 in assets, a home, and $2,500 monthly income: CRISIS PLANNING! Mark and Tina are married. Tina recently moved into a nursing home, and Mark continues to live in the NH. Here are the combined assets:…

Single Person Owns Home In Nursing Home Medicaid Eligibility Attorney Our most typical case involving a single person will be that of also owning a home with some income. Let's use these facts: M is single and has the following assets: Bank accounts/CDs $42000 Home          …

Georgia medicaid nursing home application lawyer The best way to understand Georgia Medicaid nursing home planning is by way of cases studies. Let's look at the following facts: Single person, Bob, already in the nursing home, with assets of $215,000, no home, and income of $2090/month. Assets: CD: $100,000 Bank…

Georgia Medicaid Planning Nursing Home Care and Funeral Contracts When we discuss countable and non-countable assets as it pertains to Medicaid qualification for nursing home care, funeral and burial contracts are also taken into consideration. Let's recap from our prior post on countable assets. Bank accounts - Up to $1500…

Georgia Medicaid Asset Rules For Nursing Home In order to determine your eligibility for Medicaid, we have to categorize your assets as countable and non-countable assets. Below is a break down Countable assets: Cash, checking and savings accounts, CD's Joint bank accounts IRA, 401(K), 403(B), TIAA-CREF, and other retirement-type accounts…

Georgia Medicaid Planning Attorney Medicaid Crisis Planning refers to the situations where someone is in the nursing home now and we need Medicaid immediately. This type of planning has big differences when you have a single person versus a married couple. With a married couple, we can save 100% of…

Bankruptcy Lawyer Alpharetta If you are contemplating bankruptcy, the most important thing that you can do is understand what is dischargeable. What does dischargeable mean? A dischargeable debt in bankruptcy is a debt that will be forgone once the case is filed and the case is confirmed by the court.…