Paul Yokabitus’ Post

A big concern many of our clients have is, “If my spouse needs to go on Medicaid, can I still stay in our house?” For many couples, their house is their biggest asset and the thought of losing it can be devastating. But there is good news - yes, there are ways to protect and stay in your home while also ensuring your loved one receives the care they need. In this blog post, we explore Medicaid’s spousal impoverishment rules and how they can protect families from losing their homes. https://bit.ly/476GqHR #Medicaid #attorney #law

Confused about Medicaid Estate Recovery? 🤔 You're not alone! Many people have questions about how it works and how it might affect them. This article clearly explains Medicaid Estate Recovery and what it means for you. ➡️ https://lnkd.in/eS-uxaZX Empower yourself with knowledge! 💡 #Medicaid #estateplanning #brinkleywalserstoner

Recent developments in Medicaid policy have sparked nationwide attention, particularly in Ohio, where a controversial estate recovery program has come under scrutiny. According to a recent article by the Dayton Daily News titled "Federal lawmakers propose ending Medicaid estate recovery rule as Ohio numbers climb," federal legislators are now considering an overhaul of the state's aggressive Medicaid estate recovery program. Last year alone, Ohio's estate recovery program collected a staggering $91.1 million, prompting concerns about its impact on vulnerable families. Amidst mounting pressure for reform, new federal legislation has been introduced seeking to eliminate the requirement for state Medicaid programs to recoup funds from the estates of deceased recipients. In response to the situation, U.S. Rep. Jan Schakowsky expressed profound empathy, stating, "Imagine losing a loved one and putting them to rest, only to have Medicaid come knocking on your door demanding you now pay for the long-term care your departed relative received — an amount that has reached, in some cases, hundreds of thousands of dollars." As this issue continues to unfold, it raises critical questions about the intersection of healthcare policy and family finances. How do you perceive the implications of this proposed legislation? Share your thoughts and insights in the comments below. For those seeking further information on this topic, you can read the full article here: https://lnkd.in/gZ8iG-6w Safeguard your legacy. Contact Houck Menninger Law at (937)985-0059 or visit https://lnkd.in/dEvEKsAR #HMLaw #HouckMenningerLaw #AssetProtection #Probate #EstateSettlement #EstatePlanning #Medicaid #Trusts #Estate #Medicaid #EstateRecovery #HealthcarePolicy #Legislation #Ohio #DaytonDailyNews

Recent developments in Medicaid policy have sparked nationwide attention, particularly in Ohio, where a controversial estate recovery program has come under scrutiny. According to a recent article by the Dayton Daily News titled "Federal lawmakers propose ending Medicaid estate recovery rule as Ohio numbers climb," federal legislators are now considering an overhaul of the state's aggressive Medicaid estate recovery program. Last year alone, Ohio's estate recovery program collected a staggering $91.1 million, prompting concerns about its impact on vulnerable families. Amidst mounting pressure for reform, new federal legislation has been introduced seeking to eliminate the requirement for state Medicaid programs to recoup funds from the estates of deceased recipients. In response to the situation, U.S. Rep. Jan Schakowsky expressed profound empathy, stating, "Imagine losing a loved one and putting them to rest, only to have Medicaid come knocking on your door demanding you now pay for the long-term care your departed relative received — an amount that has reached, in some cases, hundreds of thousands of dollars." As this issue continues to unfold, it raises critical questions about the intersection of healthcare policy and family finances. How do you perceive the implications of this proposed legislation? Share your thoughts and insights in the comments below. For those seeking further information on this topic, you can read the full article here: https://lnkd.in/gXjz-WZa Safeguard your legacy. Contact Houck Menninger Law at (937)985-0059 or visit https://lnkd.in/d4rBUZJH #HMLaw #HouckMenningerLaw #AssetProtection #Probate #EstateSettlement #EstatePlanning #Medicaid #Trusts #Estate #Medicaid #EstateRecovery #HealthcarePolicy #Legislation #Ohio #DaytonDailyNews

(N.Y. TIMES) - "When Medicaid Comes After The Family Home." The letter came from the state department of human services in July 2021. It expressed condolences for the loss of the recipient’s mother, who had died a few weeks earlier at 88. Then it explained that the deceased had incurred a Medicaid debt of more than $77,000 and provided instructions on how to repay the money. Find A More AFFORDABLE Health & DENTAL Plan At: HI4E.org #MedicaidUnwinding #MedicaidRolls #MedicaidDisenrollments #MedicaidLiens #AffordableHealthInsurance #HI4E.Org #ObamacareTaxSubsidies #MedicaidDebt #LowIncomeMedicaid #AffordableCareAct #HealthInsurance4Everyone #NYTimes #TaxFilings #2023TaxReturnPenalties #TaxPenalties #HealthAndLifeSolutions #MissedOpenEnrollment #OpenEnrollmentEnded #ObamacareTaxSubsidyPenalties #ObamacareSubsidies #ObamacareTaxes #TaxReturnPenalties #MedicaidEnding #MedicaidFundingCutbacks #ObamacareTaxes #MedicaidEnrollment #MedicaidEligibility #CovidFundingEnded #CovidFundsClawedBack

Are you a Florida senior looking into Medicaid? Did you know that to determine Medicaid eligibility a person’s assets are reviewed with a “Look-Back” period of sixty months, depending upon the state. Learn more this Thursday when you visit our website. #PaulRiffel #ThursdayTips #ThursdayNews #TBT #ThrowbackThursday #Medicaid #Florida

In today's post we explore the pros and cons of using irrevocable trusts for Medicaid planning—secure assets while navigating complex eligibility rules. It’s important to consider the broader implications of asset management for elder care. This article helps to clarify how these trusts work, their benefits and their limitations. #estateplanning, #Medicaid, #elderlaw, #eldercare, #irrevocablelivingtrust, #assetprotection, #texastrustlaw

In today's post we explore the pros and cons of using irrevocable trusts for Medicaid planning—secure assets while navigating complex eligibility rules. It’s important to consider the broader implications of asset management for elder care. This article helps to clarify how these trusts work, their benefits and their limitations. #estateplanning, #Medicaid, #elderlaw, #eldercare, #irrevocablelivingtrust, #assetprotection, #texastrustlaw

Did you know that Medicaid may seek reimbursement from assets, including homes, for long-term care benefits? Medicaid estate recovery can be a tough situation for families and the impact of Medicaid estate recovery on inherited properties can be significant. #medicaid #longtermcare #longtermcareplanning #medicaidestaterecovery #estate #assetprotection #legacyplanning #legacy #realestate #home #elderlaw

There's much better long term care solutions for upper-middle income people than hiding their money to qualify for Medicaid anyway. Most people just don't know what the best solution is for them. That's where I come in and design a plan for you to stay out of a Medicaid nursing home, and in your own home or a nice assisted-living community.