Medicaid in Wisconsin

What is asset protection?

When it comes to nursing homes and Medicaid, you often hear about “asset protection.” It’s a hot topic—who wouldn’t want to protect their assets? But asset protection is complex, and if something goes wrong your finances and your family could be in a lot of trouble. Protecting an asset means...

Your Attorney Should Work With Your Financial Advisor

Are you worried about paying for a nursing home or other long-term care? Then you need the help of two professionals. You need a financial advisor and an elder law attorney—and you need them to work together. Unfortunately, not all lawyers play well with others. You Need a Financial Professional...

Estate Recovery: How the State Gets Paid Back

Estate recovery is how the State of Wisconsin gets paid back for long-term care Medicaid benefits. If you or a loved one is elderly, blind, or disabled and might need help paying for long-term care, you should know about estate recovery. The Estate Recovery Program operates under laws allowing the...

Who Can Get Medicaid?

You know that Medicaid can pay for long-term care, and that it’s basically the long-term care insurance policy for the middle class. But the question remains: Can it pay for your care? Are you eligible? Eligibility for Medicaid can be complex. It depends on the sub-program, age, where you reside,...

Medicaid in the News: Deductions, Work Requirements, and Time Limits

There’s been lots of talk at the national level about imposing new restrictions on Medicaid benefits. It’s enough to make anybody worry. So I’m here to give you the bottom line on the medical expense deduction, work requirements, and time limits on benefits. The Medical Expense Deduction is Still Here...

What Is the Medical Expense Deduction, and Why Is It a Big Deal?

The medical expense deduction has a huge impact on long-term care, and the Republican tax bill now in Congress might eliminate it—or increase it. As the Washington Post reports in this article, there are two versions of the tax bill being considered: the House bill and the Senate bill. The...

Some Atypical Medicaid Advice: Be Frugal

An older woman and her daughter came into my office the other day. She was worried about having enough to support herself if her ailing husband ended up in a nursing home on Medicaid. It was a typical concern from a typical client—the kind of thing I deal with every...

Bearing the Medicaid Burden

She walked through our office door at 1:30 on a Friday afternoon. We checked the calendar, confused—no appointment. I wasn’t prepared, but she needed help; I could see it in her face. So I brought her back to my office to see what I could see. “Since January, everything that...

Estate Planning Basics

Estate planning looks different for anyone concerned about long term care or the cost of a nursing home. The general idea, though, is the same: take legal action now to ensure your family is taken care of and your wishes are honored in the future.