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Video instructions and help with filling out and completing Medicaid program integrity

I would like to introduce certified elder law attorney Tim Crawford he is a member of the National Academy of elder law attorneys and is also a CPA tim has been assisting families with their planning needs for over 40 years let's hear what valuable information Tim will share with you today today we are going to talk about Medicaid do I qualify for it Medicaid is the federal program that pays for long-term care costs that includes nursing home care cost assisted living and the cost of bringing somebody into your home now do you qualify for that federal program while that program is administered by your state and each state has slightly different ropes some rules are the same some rules are different I practice law in Wisconsin and we service the entire state of Wisconsin through a network of attorneys we have three attorneys here in our office and twelve staff and we service southeastern Wisconsin with multiple offices now do you qualify for this program well if you've always been low income and low assets you probably will qualify now what are we define as low income well it's basically for the nursing home having monthly income less than what it would cost you to be in the nursing so most of my clients already qualify in that area now to qualify for the government to help you with assisted living or to help you pay for bringing someone into your home to help you there the income limits are significantly less and they're complicated and there's lots of rules so there I would suggest you talk to a board certified elder law attorney now they can help you with planning before you apply for benefits and we always hope that you plan with us 5 10 15 years in advance but we know human nature so the normal time you're planning with us is when you need your long-term care and we can still help you at that point we can have you do a few things before you walk over and apply for government benefits many times when you try to do this on your own you're not aware of the fact that you could have done a few things differently before you walked over and applied for government health and as a result you didn't do those things and you may be over assets or you may have too much income we can help you with both of those to help you become eligible for government benefits now we talked about the basic rule of being low-income relatively easy to accomplish now we move over to the much harder area and that is to be low assets low in assets the government says we will help you once you are below $2,000 in countable financial assets now remember each of those words countable not every asset is countable financial never it not every asset is a financial asset ok countable financial assets.