I will be meticulous when it comes to Medicaid qualifications. They do not tell you that this program can take your home as a pay-back. Both the federal and the county will collect their money somehow somewhere
@thijscoman10 ай бұрын
Agreed. In some instances it may be smarter to purchase a long term care policy.
@parentingagingparents10 ай бұрын
It is all so confusing and every person's situation is definitely different. Finding a person who can advise you and your situation can help you decide what's the best plan of action for you.
@poneklr5 ай бұрын
They can't touch your home if it has a homestead exemption attached to it. Also if you quit claim deed the home to someone or leave it to them in a will the home cannot be touched.
@tammystegall5130Ай бұрын
Ty
@parentingagingparentsАй бұрын
You're welcome. It's made even more confusing since every state is a little different!
@JacquelineCox-w7e7 ай бұрын
If I quit my job do I still qualify for Medicaid if I was previously getting healthcare through my employer? 19 and 16 weeks pregnant. Don’t know if that would make a difference located in IL
@parentingagingparents7 ай бұрын
Medicaid is a joint federal and state program that can you apply for if you meet certain income requirements. You apply through your state. Here's a website for IL: hfs.illinois.gov/medicalclients/medicaidguide/applying.html
@daveicc495 Жыл бұрын
Please mention the use of ABLE account and transferring an IRA over to it
@parentingagingparents Жыл бұрын
There are so many nuances with Medicaid and people's individual situation. I'd definitely advise talking to an attorney and/or accountant who's well versed in Medicaid.
@dennykeaton97019 ай бұрын
What's an Able account
@Sonflower7193 ай бұрын
If you already have Medicaid, and get an Inheritance, you have to pay back any assistance or use lose tge following months until are back to where you were?
@parentingagingparents3 ай бұрын
That's an interesting question. Here's info from a free service provided by the American Council on Aging. www.medicaidplanningassistance.org/inheritance/ Hope this helps.
@texasdime1978 Жыл бұрын
How much would lawyers like them typically charge?
@parentingagingparents Жыл бұрын
Sorry for slow reply. It's going to totally depend on how much needs to be done. Some law firms will give you a free consultation so you'll know what you're facing.
@artgutierrez71106 ай бұрын
can you explain the difference in between having a life insurance policy could affect being qualify?
@parentingagingparents6 ай бұрын
I'd check with the Centers for Medicare & Medicaid Services www.usa.gov/agencies/centers-for-medicare-and-medicaid-services. There's also a link there to find your state Medicaid office since benefits vary by state.
@dylanmckee4642 Жыл бұрын
Can you qualify for Medicaid if you've never had a job, and still don't work?
@parentingagingparents Жыл бұрын
Medicaid differs by state so would look up the state where you live. Here's a link to the Medicare/Medicaid website that should point you in the right direction. www.healthcare.gov/blog/who-qualifies-for-medicaid/
@drkerr6552 ай бұрын
What is form H0003
@parentingagingparents2 ай бұрын
We didn't discuss that in the interview but according to the Texas Health & Human Services website it's an agreement to release your facts so that staff can check eligibility. Here's a link to the website. www.hhs.texas.gov/regulations/forms/0-999/form-h0003-agreement-release-your-facts
@drkerr6552 ай бұрын
@@parentingagingparents these people are trying to drive me crazy, I did sign those papers in my application. However they are saying I didn’t which then states I don’t qualify for Medicaid. Ridiculous… Thank you for replying.
@parentingagingparents2 ай бұрын
@@drkerr655 Can you get an attorney who specializes to help you make sure it's done right?
@nancysoles60477 ай бұрын
I made up a rhyme to differentiate the 2. MEDICAID-don’t get paid. MEDICARE-got gray hair.
@parentingagingparents7 ай бұрын
It can be hard to keep them straight!
@emeraldkimble7602 Жыл бұрын
Capital gain on primary home not taxed
@parentingagingparents Жыл бұрын
I'm not an attorney but I believe there's a cap on how much capital gain isn't taxed. I'd consult an attorney!
@emeraldkimble7602 Жыл бұрын
@@parentingagingparents How do I pay for this attorney? It happened to my parents and. Maybe to you vacation secondary bhome sake taxed A lot ot this had to do eith Medicaid Medicare qualification s 7nder right hundred s month I font wualify
@Anakin-j9m Жыл бұрын
What if you put you were pregnant but then got a abortion
@Anakin-j9m Жыл бұрын
I was accepted and only use it for adhd medication