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Serving South Florida
since
1982
Board Certified Elder Law
Attorney
By the Florida Bar and
National Elder Law Foundation
West
Broward
Fort
Lauderdale area
(954) 726-6602
Boynton
- Delray
(561) 496-0077
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Please call us for a free elder law report. |
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News Updates
...2006 Important Medicaid
Information
Congress has
passed sweeping legislation that significantly
affects Medicaid Nursing Home benefits. Although there are
some technical changes that may be necessary, if it passes,
the likely effective date will be in late January. However,
the National Academy of Elder Law Attorneys as well as the
Academy of Florida Elder Law attorneys strongly urge you to
contact your congressional representatives to oppose this
bill. *
The new law
imposes punitive new restrictions on the ability of the
elderly to transfer their assets before qualifying for
Medicaid coverage in a nursing home. These changes can have
far reaching implications regarding an individual’s ability to
access quality and affordable long-term care.
Some of the
more draconian provisions are:
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The look back period for gifts is extended from 3 to 5
years.
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The value of
a house that can be exempt is $500,000.
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Annuities
and many other planning tools will be eliminated.
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Monthly
gifts are severely curtailed.
This is the
time for seniors to plan for or readjust their long-term care
plan. Failure to do so can cost you and your family a great
deal of money.
Please feel
free to contact our office for an appointment. Also feel free
to share this information with family members who can assist
in planning for the future.
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West
Broward (Fort Lauderdale area)
Cinnamon Tree Plaza
Click here for directions
5701 N. Pine Island Rd, Suite 260
Tamarac, Florida
33321
Phone: (954) 726-6602
Fax: (954) 721-0910 |
Boynton
- Delray
Delray
Commons - SW Corner
Click here
for directions
2160
West Atlantic Avenue, 2nd Floor
Delray Beach, Florida 33445
Phone: (561) 496-0077
Fax: (954) 721-0910 |
Florida
Elder Law, Estate Planning &