When does home become a countable asset?
In short, a home (and one lot) is normally an exempt asset for a Medicaid long term care applicant.[1] If the home is sold and the proceeds of the home are not reinvested into another home, the proceeds become countable. Additionally, to the extent that the single...
The Utah Department of Health policy manual section 371-4 provides that the home of a Medicaid applicant may be transferred to the following protected classes without incurring a transfer penalty or impacting the applicant’s eligibility:
(i) Spouse;
(ii) Blind or disabled son or daughter;
(iii) Son or daughter under 21;
(iv) Son or...
The ABLE Act Defined
The ABLE Act is a federal law that allows states to establish a savings program for persons with disabilities. The program is modeled after the 529 savings accounts. ABLE accounts may be used to accumulate savings, with certain restrictions, for use by a beneficiary with a disability.
Understanding Special Needs Trusts
A Special Needs Trust is a trust that is established for an individual with special needs who is or may become dependent on public benefits. The trust is specifically identified to meet certain supplemental needs and to enhance the quality of life for the beneficiary, the...
Join members of the Elder Law Section of the Utah State Bar this Wednesday, May 22, 2013 at 6:30 pm for a discussion on topics affecting the aging population. Now is the time to fill-out your advanced directive! The discussion will occur at Atria Senior Living, 10970 S. 700 E. in Sandy, Utah.
More information on specific eligibility for benefits can be found on the local VA website at veterans.utah.gov , but you may be interested in the following list of available benefits and contact information (not exhaustive):
Property tax abatement depending on percentage of disability; Purple Heart Tuition...As chair of the Elder Law Section of the Utah State Bar, I am constantly impressed by the quality of speakers that present on behalf of our section. Today, we listened to two prosecutors and the director of Adult Protective Services (APS) speak about Elder financial exploitation. The incidence of financial exploitation of the...
Did you know that the Utah State Bar Elder Law Section sponsors a program that allows Seniors to make appointments at their local Senior Center to discuss legal issues important to them with a licensed attorney in the State of Utah ...without cost? I will be participating this Friday in that capacity at the Sandy...
Join social worker, Carol Wilcox, long term care insurance specialist, Nate Raso and me for an evening of information on issues confronting the senior community including but not limited to: the most important legal documents a senior should possess as (s)he ages; long term care planning with respect to legal documents; cognitive testing, care...
The Young Lawyers section of the Utah State Bar is sponsoring a pro bono opportunity for attorneys and free basic estate planning for low income senior citizens in Utah at Wasatch Manor located at 535 South, 200 East in Salt Lake City tomorrow, 1/14/2012. I will attend and direct the training session prior to...
