Medicaid Planning in Louisiana: Complex Issues Require Sensible Solutions Training Seminar
Forget Everything You've Heard in the Past About Medicaid Planning
Engaging in Medicaid planning without the best and most accurate information available is like "walking blindfolded through a minefield."
Individuals with disabilities, including persons with special needs and victims of personal injuries and their families, often face unique and difficult challenges associated with securing health insurance and long-term care coverage as a result of their injuries. Many of these individuals are ineligible for health insurance due to their disabilities, and for these individuals and their families, Medicaid is a lifeline.
However, Medicaid has stringent eligibility requirements that severely limit the income and resources that a disabled individual may own in order to become eligible or maintain eligibility for Medicaid services. For example, the amount of proceeds received from a personal injury settlement could immediately render an injured or disabled individual ineligible for Medicaid and other public programs now and in the future. A settlement as small as $2,000 can affect Medicaid eligibility.
There are prudent steps that can be taken in order to help your clients become eligible for Medicaid or retain eligibility for services and benefits. However, Medicaid planning is very complex and technical, and extra care must be taken to make sure that settlement proceeds are properly disbursed to protect your client's eligibility for benefits.
At this focused seminar, you'll get answers to the tough questions about this complex area. Topics to be addressed include:
- Why Medicaid planning is more important in Louisiana than in any other state.
- The differences between Medicare and Medicaid.
- Dispelling common myths and misconceptions about Medicaid.
- Explanations of recent changes in the law that dramatically impact Medicaid eligibility and planning techniques.
- Why persons seeking Medicaid benefits cannot simply give away property in order to become eligible.
- What can be done to protect the spouse of an individual needing Medicaid for long-term care.
- The legality of Medicaid planning.
- How a special needs trust can be an effective tool in Medicaid planning.
- The importance of selecting a qualified trustee when establishing a special needs trust.
- Why a properly drafted will can be the most important tool in Medicaid planning.
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