Methods of preserving assets while insuring Medicaid eligibility

We have covered the difference between exempt and nonexempt assets in the past when it comes to applying for Medicaid. However, the question remains, how do you transform an nonexempt asset into an exempt asset? Brief overview of the importance of exempt and nonexempt assets As we previously pointed out, exempt assets are not counted […]

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Why tort reform arguments are frivolous

You often hear politicians claim, “lawyers are filing frivolous lawsuits.” The ambulance chasers of the world, the derogatory term used for attorneys by media personalities who sell snake oil on their radio shows, must be stopped before they harm businesses and medical professionals. However, tort reform is nothing more than the legislators of a given […]

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What happens if you transfer assets before applying for Medicaid?

Due to the limitations Medicaid imposes upon an applicant’s assets and income, it might seem tempting to transfer some of your assets to another person prior to applying for Medicaid eligibility. DO NOT DO THIS! The above warning cannot be said enough. If you transfer assets to another person during Medicaid’s lookback period, you will […]

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What is the difference between exempt and nonexempt assets when applying for Medicaid?

There are differences between exempt and nonexempt assets when it comes to applying for Medicaid. Understanding the distinction between exempt and nonexempt assets can make the difference between spending and saving tens of thousands of dollars. What does it mean for an asset to be exempt? An exempt asset does not count against your Medicaid […]

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How much money can you have and still qualify for Medicaid?

Medicaid is a government assistance program designed to make sure those who are of low financial means can obtain the long-term care they require. However, despite what many believe, Medicaid is not available only to those with little or no assets. How much money in savings can you have to still qualify for Medicaid? Medicaid […]

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What if you fall in a parking lot?

When we think of crowded parking lots for major chains like Walmart, Meijer, Target, CVS or Walgreens, the immediate concern is usually finding an empty space. However, experience has taught our attorneys that store and restaurant parking lots can be ground zero for a devastating injury. The Lockwood Legal Group has handled several personal injury […]

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