THE MEDICAID PROGRAM’S EFFECT ON ESTATE PLANNING FOR THE ELDERLY. Michael A. Fuerst BUCKLEY & ZOPF. OBJECTIVES OF MEDICAID ESTATE PLANNING. Protection of community spouse 1. adequate income, resources 2. prevent impoverishment Assure care for institutionalized spouse
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THE MEDICAID PROGRAM’S EFFECT ON ESTATE PLANNING FOR THE ELDERLY
Michael A. Fuerst
BUCKLEY & ZOPF
Spousal Impoverishment Rules
protected level for community
spouse - $109,560.
5. IF MY ILL SPOUSE HAS TO GO INTO A NURSING HOME WILL HIS MUCH LARGER RETIREMENT INCOME HAVE TO GO WITH HIM?
7. DOES IT MATTER IN WHOSE NAME THE ASSETS ARE TITLED WHEN DETERMING WHAT MUST BE PAID TO THE NURSING HOME.
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