On January 12, the Michigan Supreme Court heard oral arguments on multiple cases relating to the issue of Medicaid estate recovery. The hearing was the culmination of years of litigation in lower courts throughout the state. While many lower courts ruled in favor of the estates of individuals who received Medicaid benefits, the Court of Appeals often sided with state – and in my opinion – contrary to the law. It will likely be months before we know the final outcome, but hopefully the Supreme Court will not simply rubber stamp the state’s position and interpret the statute according to its clear language. Stay tuned for further updates.
The Michigan Department of Health and Human Services recently released its updated Medicaid rules and there have been some slight increases to the minimum and maximum income limits that a community spouse is permitted. If a spouse is admitted to a nursing home and approved for Medicaid benefits, effective July 1, the community spouse is […]
78% of Americans under the age of 36 do not have a will or a trust in place. Frankly, most millennials show little interest in estate planning. This can create quite the mess if you are ever (God forbid) involved in a tragic accident. As discussed in a Wealth Management article, planning your estate is […]
There is a common misconception that Medicaid planning is not in the best interests of nursing homes. After all, the longer the resident privately pays the nursing home – at $8000 or more per month – the more money the nursing will make. However, many nursing homes recognize how financially harmful this approach can be. […]