Maheritagelawcenter.com
Your Home and MassHealth
WEBAs an experienced Massachusetts elder law attorney, I understand the ins and outs of MassHealth law and have accumulated a wide variety of techniques to help you with MassHealth planning. Contact me today at info@maheritagelawcenter.com or 617.299.6976 to set up a free, confidential consultation. Medicaid is called MassHealth …
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MassHealth Home-Based Programs for Children and Elders
WEBThe Kaileigh Mulligan Program allows certain severely disabled children (under age 18) to live at home with their parents and have MassHealth eligibility determined without counting the income and assets of their parents. The child’s medical needs must be severe enough to require a level of care equal to that provided in a hospital or
The MassHealth (Medicaid) Look-Back Period and Transfers
WEBUnder the previous rules, people applying for MassHealth benefits needed to disclose transfers of liquid assets or real estate made within a “look-back period” prior to application that went back 60 months for transfers to irrevocable trusts and 36 months for transfers to individuals. Under the DRA, the MassHealth look-back period for all
What are MassHealth, Medicaid, and Medicare
WEBMassHealth, Medicaid, and Medicare are all government programs for health care. But how do they differ and what do they cover? Medicare Medicare is a federal health insurance program for people 65 or older, certain younger people with disabilities, and people with End-Stage Renal Disease (permanent kidney failure requiring dialysis …
6 Easy Steps for MassHealth/Medicaid Asset Protection
WEBMake a list of everything you own. Pretty much everything you own is a Countable Asset except for your home (in some cases), personal household property and your car (up to a certain value). Having more than $2,000 worth of Countable Assets will prevent you from becoming eligible for MassHealth, which means you will have to fork …
MassHealth Eligibility and Protecting Your Assets
WEBMassHealth has an income eligibility threshold. MassHealth income standards for a family of two is $522 monthly, $6,264 annually. More information is located at mass.gov. (figures from February 1, 2022) MassHealth also has a countable assets eligibility threshold. Whether single or married, you can have only $2,000 in countable …
What Assets and Income Count Toward MassHealth Eligibility
WEBThe basic rule for MassHealth long-term care eligibility is that if you apply, whether single or married, you can have only $2,000 in countable assets in your name. If your spouse plans to continue living in the community, your spouse is allowed to keep approximately $137,400 in their name. (figures updated 2022) If you apply to …
Spending Down Assets for MassHealth
WEBAssets that aren’t generally counted towards MassHealth’s asset limit include an applicant’s primary home, household furnishings and appliances, personal effects, and a vehicle. If your spouse plans to continue living in the community, your spouse is allowed to keep approximately $128,640 in their name. There are ways to legally spend
MassHealth Programs for Stay-at-Home Seniors
WEBIf you’re interested in getting more information, please contact us today at 617.299.6976 or send an email to [email protected] for your free, no-obligation consultation. Massachusetts offers some programs to …
MassHealth Attorney Heritage Law Center, LLC
WEBMassHealth is a federal and state program that pays for health care for certain low- and medium-income people living in Massachusetts. The Heritage Law Center specifically deals with MassHealth Standard for seniors (age 65 or older) who need long-term care and have limited income and resources. Without MassHealth, all but the very wealthiest
Irrevocable Trusts and MassHealth
WEBAfter a thorough discussion and understanding of your financial assets, family dynamics, and estate planning objectives, we’ll develop a sound and comprehensive plan tailored to your needs. Contact us today at [email protected] or call us at 617.299.6976. The Heritage Law Center, LLC gives an overview of what Massachusetts
Making a Gift and MassHealth Eligibility
WEBIt’s important to speak with an experienced Massachusetts elder law attorney before making gifts when MassHealth benefits may be necessary in the future. Call us today at (617) 299-6976 or send an email to [email protected] to schedule a confidential, no-cost consultation to discuss how we can help you protect …
Know the Difference between Medicare, Medicaid and MassHealth
WEBMedicare is the federal health insurance provided to seniors over age 65. Medicaid, on the other hand, is a joint federal/state assistance program designed to pay for health care for individuals that meet certain income and asset guidelines. MassHealth, meanwhile, is just the name we use for Medicaid in Massachusetts—the programs are …
MassHealth Treatment of Retirement Assets and Accounts
WEBAs I have discussed before, MassHealth has strict asset guidelines which require applicants to have no more than $2,000 at their disposal while spouses of applicants who are still living in the community can have up to $109,560. In addition to their savings, however, many seniors also have accounts set up for their retirement, such as
Attorney Help with MassHealth Preparing Your Assets
WEBAt The Heritage Law Center, we know how complex and confusing MassHealth and estate planning can be. Fortunately, our lawyer knows the ins and outs of Massachusetts laws and MassHealth regulations and can use that experience to seek out the coverage you need. Connect with us today by calling 617-299-6976 or completing the online form below to
Massachusetts Life Estates
WEB3. Creating a life estate can reduce your estate to help achieve MassHealth/ Medicaid eligibility and protects your home from MassHealth/ Medicaid liens and estate recovery. Example: Jane Doe, a 75-year-old widow, owns a home in Essex County, Massachusetts with a fair market value of $250,000.00. Her home is her most valuable …
A Life Estate Deed or an Irrevocable Trust for MassHealth Planning
WEBOn the date the irrevocable trust is signed, the five-year look-back period for MassHealth eligibility will begin. Pros. Once the house has been in an irrevocable trust for five years, it’s considered a non-countable asset for purposes of qualifying for MassHealth benefits. If you apply for MassHealth after the five-year look-back-period
Permissible Transfers of Real Estate under MassHealth (Medicaid)
WEBA MassHealth applicant can freely transfer their home to one of the following persons: 1. their spouse; 2. their child who is under age 21, or who is blind or permanently and totally disabled; 3. their sibling who has a legal interest in the home and who was living in the home for at least one year immediately before the date of the applicant
A Health Care Proxy vs. an Advance Directive
WEBA Health Care Proxy vs. an Advance Directive. POSTED ON: December 6, 2017. A health care proxy, also known as a “health care surrogate” or “medical power of attorney,” allows you to designate another person, known as an agent or proxy, to legally make health care decisions for you if you cannot do so yourself. It does not grant any
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