OVERVIEW OF MEDICAID TRUSTS
by Thomas D. Begley, Jr., CELA Types of Trusts. Trusts established and funded after August 10, 1993, are governed by OBRA-93. The Medicaid-qualifying trust rules were repealed by OBRA-93, and new rules for revocable and irrevocable trusts created after August 10, 1993, were established. OBRA-93 also created special disability trusts, each of which has rules….
THE CONTINUUM OF CARE
by Thomas D. Begley, Jr., CELA Families of many individuals who require long-term care believe that their only option is to place their loved one in a nursing home. Actually, there is an eight-step continuum of care: Informal Caregiving. Most care for Alzheimer’s patients is provided by informal caregiving provided by a family member or…
PROTECTING THE HOME FROM THE COST OF LONG-TERM CARE
By: Thomas D. Begley, Jr., CELA INTRODUCTION The most important asset for most Americans is their home. They have worked hard, paid off a mortgage, and enjoyed many happy times in their home. They do not want to lose it. Seventy percent of Americans will require some form of long-term care be it nursing home,…
THE IMPORTANCE OF PUBLIC BENEFITS IN SETTLING PERSONAL INJURY CASES
Article by Thomas D. Begley Jr. Public benefits must always be considered in the settlement of a personal injury case. They are important for two reasons: (1) whether there is a lien to repay the public benefits, and (2) whether the plaintiff’s continued eligibility for public benefits depends on the establishment of a self-settled special…