Protecting the Home Property When You Enter a Nursing Home

  Рет қаралды 40,348

America's Estate Planning Lawyers

America's Estate Planning Lawyers

Күн бұрын

Пікірлер: 54
@Omikoshi78
@Omikoshi78 3 жыл бұрын
Healthcare in the US is broken, till then I have no shame leveraging every legal maneuver available to avoid going bankrupt. I only wish I lived in Louisiana so I can hire this guy.
@LydiaIsRedeemed
@LydiaIsRedeemed 5 жыл бұрын
Can a home be transferred to a stepchild who provided care for up to 2 years prior to full time nursing care admission?
@blackdiamond5888
@blackdiamond5888 4 жыл бұрын
It sad that people that owns nothing gets off free. It's the people that have are the ones that go to pay. Wow.
@desamania
@desamania Жыл бұрын
What if the child is a co owner of the home?
@symranhedderman7301
@symranhedderman7301 4 жыл бұрын
Garden centres in the Manchester area
@yolandadorta8064
@yolandadorta8064 6 жыл бұрын
Great information. What if a person sells home and uses money to go to assisted living but money run s out after 2 years and needs to go to nursing home? Can they still apply for Medicaid?
@barbelvan5499
@barbelvan5499 5 жыл бұрын
Good question! This can certainly get complicated with : if, only if, not until, and or but. One thing and the first thing usually required is that you be physically disabled to a point where you are considered to require high level of care, like really dependent!
@SandfordSmythe
@SandfordSmythe 3 жыл бұрын
There shouldn't be a problem if the money was used for health care issues.
@TheJosa007
@TheJosa007 5 жыл бұрын
I wouldn't put none of the money in the coffin. Personal check eh? awesome !! How would anybody know how long mi son has been in my home, What is the 5 . year penalty? How much? Thank you very much
@rockovahsacralonte570
@rockovahsacralonte570 Жыл бұрын
Are Medicaid rules different from Medicare rules?
@KCFlyer2
@KCFlyer2 Жыл бұрын
Medicare doesn't cover nursing homes.
@SandfordSmythe
@SandfordSmythe Жыл бұрын
Medicare pays for rehabilitation and very skilled nursing care for a limited time, with increasing co-pays. Doesn't depend on assests.
@paularies3282
@paularies3282 11 ай бұрын
​@@SandfordSmythethey won't if you are released from the hospital as "observation" and not admitted. They just f over my father who was admitted and was NOT ready to go home. Sent him home on aspirin and then readmitted him less than 24 hours later as observation so now it's ALLLLLL out of pocket for Rehabilitation. All rules went back to pre-covid. I hate this healthLESS care system.
@SandfordSmythe
@SandfordSmythe 11 ай бұрын
@paularies3282 Yes, inpatient stay is needed.I would think the hospital staff would know. Part of the stay is to document what rehab would be needed. The system is f...and it is often just a flip of a coin whether you are f...ed
@SandfordSmythe
@SandfordSmythe 11 ай бұрын
@paularies3282 I hate that. I could see medical Residents doing that. I'm in a bad mood from a similar situation, so Residents, please forgive me. Medicare keeps track of such inappropriate discharges and can cut the hospital's payments rates.
@mutleysnicker
@mutleysnicker 3 жыл бұрын
Hello, Great information on your vids! I've watched them all.... I've been wondering about Divorce ( To save assets that is!!! lol) So Fred and Wilma are in their 70's--They have well over a 2 million in assets but Fred is not doing well in his health and will need be be put in a nursing home. They have a little time to get things right to protect some assets... My question is can they get a divorce having the majority (If not all) going to Wilma to save all they have worked for before Fred has to go to a Nursing home? Thx
@cherylcampbell7495
@cherylcampbell7495 3 жыл бұрын
I’m a caregiver and retirement homes are nice in Scottsdale, AZ. And Carlsbad, Ca. Worked in both areas. I like them because your not necessarily lonely. Shame more children aren’t involved with mom, dad, grandma. Most are very proud of their children then the others complained that they never see ya.😂
@marjorieyarnell1926
@marjorieyarnell1926 2 жыл бұрын
What about a senior ex wife (72) who’s income is alimony from husbands pension and SS and is caretaker ( POA) of elderly husband (88) and he has a stroke and needs to go into a long term facility which would mean Medicaid!
@emeraldkimble7602
@emeraldkimble7602 2 жыл бұрын
My bank account was in brothers name and social security number welfare had no record of me with online connections I don’t qualify anyway
@motowngirl5891
@motowngirl5891 Жыл бұрын
If you have no money is the only way you can quality for Medicaid
@SandfordSmythe
@SandfordSmythe Жыл бұрын
It's more complicated then that.
@glendacastillo6504
@glendacastillo6504 Жыл бұрын
It's for welfare people. If you work and pay taxes, you don't get help.
@SandfordSmythe
@SandfordSmythe Жыл бұрын
​@@glendacastillo6504Until you need it.
@EntertainMe463
@EntertainMe463 3 жыл бұрын
i know this is from 2018, but what state is he speaking of?
@Wiszer123
@Wiszer123 3 жыл бұрын
Louisiana
@waynecmontgomery
@waynecmontgomery 5 жыл бұрын
LOL great joke! I am going to use that joke at the bar.
@georget9066
@georget9066 5 жыл бұрын
CAN U PONT ME TO SOME ONE IN NYSTATE THANK U
@americasestateplanninglawy1946
@americasestateplanninglawy1946 5 жыл бұрын
Don’t have any colleagues there. Any NY attorneys out there who can help?
@junebug8882
@junebug8882 11 ай бұрын
Explain to me why buy a house when 30 to 40 years you sell it again because you’re elderly? Who of us can live double the life expand 200 years or better in the future🎉🎉🎉🎉2099 from 2024.. What 💪😃
@paulwarren796
@paulwarren796 5 жыл бұрын
I WILL NEVER WANT IN A DAMN NURSING HOME . I WILL WNGT IN HOME CARE IN MY OWN PLACE OF DWELLING . PWW
@DLFfitness1
@DLFfitness1 11 ай бұрын
This is particularly painful for those who worship money, and things. People end up in nursing homes, because they are no longer able to care for themselves. If you have money you simply pay the bill. If you need assistance, you will have to qualify. Hospital stay, Rehab, Nursing home…. There is nothing mysterious about the process.
@juliovaldez6834
@juliovaldez6834 5 жыл бұрын
good video
@hankwilliam2481
@hankwilliam2481 5 жыл бұрын
What's you own ends up owning you
@janetsavona3542
@janetsavona3542 5 жыл бұрын
Don't theses politicians have elderly parents that need help Why don't they lessen the criteria
@americasestateplanninglawy1946
@americasestateplanninglawy1946 5 жыл бұрын
Good question JS 🤔
@janetsavona3542
@janetsavona3542 5 жыл бұрын
@@americasestateplanninglawy1946 It's true Why must they be entitled to your whole life savings when you enter a facility for the last 5 years The look back period should be two years
@SandfordSmythe
@SandfordSmythe 3 жыл бұрын
There is not a socialist mood in the US to set this up and raise the huge taxes needed. No one wants to pay for someone else's parents, so the family can keep the money for themselves. If someone has money, they should pay for it.
@jdemarco
@jdemarco Жыл бұрын
Because most of them are rich and don't have to worry about money.
@jdemarco
@jdemarco Жыл бұрын
@@SandfordSmythe Give me a break. It's ok for our taxes to pay for free health care for illegals who have never put into the system?
@mimie2872
@mimie2872 3 жыл бұрын
PLEASE HELP ME, I AM A SENIOR WHO IS UNWILLINGLY LIVING IN NURSING HOME RIVERSIDE PLACE IN WASHINGTON STATE. I NEED YOUR HELP TO GET OUT OF HERE, MY NAME ISEIDA PEDERSON & MY DAUGHTER : PAMELA MAY PUT ME HERE WITHOUT MY CONSENT AND SHE HAS KEPT ME WITHOUT AN IDENTITI AND SHE IS USING ALL MY MONEY VIA MY BAANK ACCOUNT AND MY HOME WITHOUT MY PERMISSION...
@saulg195
@saulg195 2 жыл бұрын
How are you now?
@motowngirl5891
@motowngirl5891 Жыл бұрын
There is no such thing as protecting assests
@Cathy-xi8cb
@Cathy-xi8cb Жыл бұрын
They don't take the house from your spouse. No spouse? Sell the house to pay for your care, because you should pay your way if you have funds. That is what responsible people do.
@EfilistGoines
@EfilistGoines 7 ай бұрын
Responsible people don't have kids. Parents can't protect their children from cancer or an auto accident. You never ask to be born and you never created the system you live under. Besides they don't allow assisted "s-word" that would actually protect the elderly from going into the nursing homes in the first place and dying a slow death. Plus while living other people have to suffer due to your existence. A human doesn't exist without harming others, so the least the human race can do is try to make up for the death that they have handed towards their own children without their child's consent. What do you think about that cup of tea?
@janetsavona3542
@janetsavona3542 5 жыл бұрын
Less is better
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