Estate Planning Attorneys in Florida can help you devise a game plan on how to proceed regarding an application for Medicaid benefits for long term care. Florida Medicaid has a number of different criteria that must be met in order to qualify for Medicaid, which Estate Planning Attorneys in Florida can help you not only understand but achieve.
Estate Planning Attorneys in Florida can help to Understand and Navigate Medicaid Qualification Rules :
The income limit is $2,829 for an individual applicant. The countable asset limit is currently $2,000. Many potential applicants meet these requirements without having to undergo any restructuring of their assets or income. However, many potential applicants do not meet these requirements and require restructuring of their assets and or income to qualify. This is where Estate Planning Attorneys in Florida come in.
While Estate Planning Attorneys in Florida are crucial for cases where potential applicants need restructuring to qualify, they are also very helpful for simple qualifying cases. The reason for this is that The Department of Children and Families, the organization responsible for approving Medicaid applications, is overworked and unequipped to adequately deal with the type and volume of applications coming in. Because of this, cases often get denied in error or approved with errors, meaning some facet of the approval is incorrect which can result in problems for the applicant. Working with Estate Planning Attorneys in Florida can help avoid this.
While in the past applicants who were under the asset and income limit could safely apply for themselves, it is now advised that even these individuals or their families employ the assistance of Estate Planning Attorneys in Florida.
There are a number of ways in which Estate Planning Attorneys in Florida can be of service. In addition to the initial Medicaid application that must be filed and correctly approved, The Department of Children and Families requires and annual recertification to be submitted. This entails submitting verification of assets and income to ensure that the applicant still qualifies. Additionally, any changes in assets or income are supposed to be reported. While this is something that an applicant’s family could do, they often elect for an expert to do it for them, which is another way in which Estate Planning Attorneys in Florida can be of assistance.
Medicaid benefits for assisted living is becoming more common. Estate Planning Attorneys in Florida can help with this as well. The eligibility requirements in terms of assets and income are the same, but potential applicants must undergo an assessment to rank their level of need, and then be put on a waitlist if their level of need is high enough. Once called off the waitlist, they can then apply for Medicaid. Although this may not sound much more difficult, it adds a number of extra steps that can be incredibly frustrating to do alone.
Final Words:
With the appropriate counsel of Estate Planning Attorneys in Florida, Platinum Benefit Services has obtained over 14,000 Medicaid approvals for our clients over 27 years. If you want to be in the best hands possible, contact Platinum today!
