By Nathan Palmer A power of attorney is a document which provides authority for an individual to act on behalf of another. Most commonly, discussions of powers of attorney relate to either a financial power of a attorney or a power of attorney for health care. These powers of attorney…
Articles Posted in Elder Law & Medicaid Planning
COUNTABLE RESOURCES FOR IDAHO MEDICAID
Idaho’s Medicaid program provides benefits for those in need of long-term care. Elderly and disabled individuals will not be immediately eligible for Idaho Medicaid’s long-term care benefits unless the value of their “Countable Resources” is $2,000 or less. Individuals seeking eligibility for Idaho Medicaid’s long-term care benefits must provide complete…
PLANNING FOR INDIVIDUALS WITH ALZHEIMER’S
Those of us with loves ones suffering from Alzheimer’s understand the amount of effort required to provide our loved ones with proper care. Alzheimer’s is ruthless and often causes significant behavioral changes to the point where individuals who suffer from the disease require professional assistance – often in an assisted…
WILL MEDICARE PAY FOR SKILLED NURSING?
By Nathan R. Palmer Deciphering between the benefits provided by Medicare and Medicaid can be difficult. It is important to know the difference between Medicare and Medicaid when you or a loved one is seeking coverage of a stay in a long-term care facility (i.e., Assisted Living or Skilled Nursing…
IDAHO MEDICAID LONG-TERM CARE BENEFITS
By Nathan R. Palmer Medicaid was signed into law in 1965 for the purpose of providing certain benefits, including medical benefits, for individuals in financial need. While the Medicaid program was enacted by the federal government, each state is responsible for administering the program for its citizens. Generally speaking, eligibility…
Protecting the elderly
By Patrick N. George The baby boomers are getting older, the population of the United States is aging, and with these two facts colliding, it is becoming more and more difficult to find quality care for our elderly loved ones. It used to be that children could care for their…
WHAT IS A SPECIAL NEEDS TRUST?
By Nathan R. Palmer Special needs trusts (a.k.a. “Supplemental Needs Trusts”) are important estate planning tools for individuals with loved ones with special needs. A properly drafted special needs trust can help preserve assets, including family assets and assets belonging to a special needs individual, for the entirety of the…
WHAT IS A MILLER TRUST?
By Nathan R. Palmer The use of a Miller Trust can help otherwise Medicaid eligible individuals qualify for Idaho Medicaid’s long-term care benefits when their monthly income exceeds $2,199. Individuals will generally not qualify for Idaho Medicaid’s long-term care benefits if their monthly income exceeds $2,199. Long-term care benefits are…