Written by Brandon Thomson A Question, Often Asked Here at The Probate ProSM, we are often asked this question: “If a loved one receives Medicaid benefits, will the State of Michigan take their home?” The answer … it depends. The State of Michigan may recover property from estates of certain deceased Medicaid beneficiaries who have [...]
As loved ones grow older, they require additional assistance. Getting up the stairs, going down them, shoveling the snow for them and more, these are just basic examples of how we can help our elders everyday. There’s more to taking care of our elders than just that though. You need to think about planning for [...]
New Veterans Administration Rules Released in 2018 The new rules will impact the needs-based benefits for veterans and surviving spouses. Clarification of commonly confusing areas like evaluating net worth, asset transfers, and income exclusions were the focus of the new rules. The Veterans Administration Final Rule, as it’s being called, created a new net worth [...]
On Wednesday, Brandon provided an example of the Pension with Aid and Attendance Benefit at work and the ways you can qualify. Now, we want to provide you with some help in your efforts to take advantage of this benefit. The Application Process While the application process for special monthly pension can be agonizingly slow [...]
Last time, in part 1 of our 3-part series on the Pension with Aid and Attendance Benefit, Brandon Thomson, a Probate Pro attorney, filled us in on the prerequisite qualifications. Now, he’s put it all together for us with an illustrative example. An Illustration Robert, age 82, is a World War II veteran who is widowed. [...]
Welcome to the first of our 3-part series on the Pension with Aid and Attendance Benefit. In Part 1, we’re taking a look at the prerequisites to qualify for the benefit. But first, what is the Aid and Attendance Benefit? It helps veterans and their spouses pay for home care services and assisted living costs. [...]
