Many people want to know if they can give away their assets to protect them from Medicaid. The answer of course is it depends. The bottom line is that most gifts (even those under the IRS permitted $13,000 limit) will disqualify an applicant and their spouse for MassHealth benefits. However, there are many exceptions where MassHealth allows you to make gifts. For example you can transfer assets to a disabled child without any penalty. In addition, you can give your house to a so called caretaker child who lives with you and helps take care of you.
If you are thinking of making gifts, its best to first consult with an attorney at Cohen & Oalican.
This is fifth in a series of questions and answers regarding your legal rights dealing with Medicaid (MassHealth). Thank you for putting your trust in our Elder Law legal practice, Cohen & Oalican, LLP
Wednesday, September 30, 2009
Thursday, September 24, 2009
Medicaid (MassHealth) Boston Attorney answers "If I apply for Medicaid is my house vulnerable?"
MassHealth regulations describe a home as a “non-countable” asset. This is a confusing label. Although MassHealth does not count your home in determining eligibility, this does not mean that the house is protected: far from it. MassHealth will not force you to sell your house to obtain eligibility. However, if the house is in your sole name (part of your so called “probate estate) at your death, the State will have a claim against the house and will either use a Medicaid lien or its powers of estate recovery to seek reimbursement against the house. For this reason, its important to meet with a Cohen & Oalican asset protection attorney to protect your home before you apply.
This is fourth in a series of questions and answers regarding your legal rights dealing with MassHealth, Medicaid. Thank you for putting your trust in our Elder Law legal practice, Cohen & Oalican, LLP
This is fourth in a series of questions and answers regarding your legal rights dealing with MassHealth, Medicaid. Thank you for putting your trust in our Elder Law legal practice, Cohen & Oalican, LLP
Monday, September 21, 2009
Boston Elderlaw Attorneys answer: What happens if my MassHealth (Medicaid) application is denied?
MassHealth looks for any reason they can to deny an application. Typical reasons for denials include: missing bank statement, missed deadlines, unexplained deposits or withdrawals or excess assets. At Cohen & Oalican we help clients with every step of the application process. We walk you through the process so that there are no surprises. We anticipate Medicaid’s questions and give them the information they need to accept the application as quickly as possible. Cohen & Oalican attorneys can know how to best describe your family’s assets to offer the maximum protection. If your application is denied we can quickly file an appeal to determine what your legal rights are and how best to move forward and get your application approved.
This is third in a series of questions and answers regarding your legal rights dealing with MassHealth, Medicaid. Thank you for your trust in our Elder Law legal practice, Cohen & Oalican, LLP
This is third in a series of questions and answers regarding your legal rights dealing with MassHealth, Medicaid. Thank you for your trust in our Elder Law legal practice, Cohen & Oalican, LLP
Thursday, September 17, 2009
Boston MassHealth Lawyer Answers "How do I apply for Medicaid (also known as MassHealth)?
The Medicaid program, which is called MassHealth in Massachusetts is a confusing bureaucracy. It takes an expert to guide you through this maze. MassHealth workers ask for financial statements going back as far as five years looking to see if the applicant or their spouse has made any disqualifying gifts. It is critical to work with an expert in filing the MassHealth application. If you file too late you may lose coverage you would otherwise be entitled to. If you file to early, you may make yourself ineligible for months if not years.
The attorneys at Cohen & Oalican can help you through the process.
This is second in a series of questions and answers regarding your legal rights dealing with MassHealth, Medicaid. Thank you for your trust in our Elder Law legal practice, Cohen & Oalican, LLP
The attorneys at Cohen & Oalican can help you through the process.
This is second in a series of questions and answers regarding your legal rights dealing with MassHealth, Medicaid. Thank you for your trust in our Elder Law legal practice, Cohen & Oalican, LLP
Tuesday, September 15, 2009
Boston Medicaid Attorney Answers How do I find an elderlaw attorney?
If you or someone in your family are facing long term care issues. Its critical to get good advice from an attorney who specializes in these issues. It does not make sense to see a cardiologist if you break your foot. The same holds true for legal advice. If someone in your family requires nursing home care you need to find an attorney who focuses on asset protection and Medicaid planning. The attorneys at Cohen & Oalican are experts in this area of the law.
This is first in a series of questions and answers regarding your legal rights dealing with MassHealth, Medicaid. Thank you for your trust in our Elder Law legal practice, Cohen & Oalican, LLP.
This is first in a series of questions and answers regarding your legal rights dealing with MassHealth, Medicaid. Thank you for your trust in our Elder Law legal practice, Cohen & Oalican, LLP.
Wednesday, September 9, 2009
More Links to Cohen & Oalican
We are still uncovering links to our site.
We are still looking.
If you know someone linking to our site, please drop us a note so that we can show our appreciation.
- ERIC R. OALICAN is a partner in the Boston elder law firm of Cohen Oalican, LLP, where he specializes in representing the legal needs of the elderly. . .
- Directions to our Firm
- A professional endorsement
- Eric R. Oalican, Esq., Co-chair, Cohen & Oalican LLP, Boston;Elder Law: MCLE BasicsPlus!®
- Basic concepts of estate and long-term care planning
- We have two types of clients," said Eric Oalican, an elder-law attorney in Boston. "Advance-planning clients, who are in OK health either at home or in an .. . .
- Boston Tax Institute Faculty
- Medicaid Update Speaker: Eric R. Oalican
- Preserving & transferring your client's principal residence / chairs, Eric R. Oalican
- Eric R. Oalican, Esq., program chair. Cohen & Oalican LLP, Boston. Leslie S. Madge, Esq. ... Eric R. Oalican. LONG-TERM. CARE ASSET. PROTECTION. PLANNING
- Eric R. Oalican,. Esq., Cochair, Cohen & Oalican LLP,. Boston;Elder Law BOSTON, Thursday, September 10 & Friday, September 11, 2009 - Basic concepts of estate and long-term care planning MCLE BasicsPlus
- Eric Oalican
- 1-day seminar (8 credits) led by Steven Cohen, Esq., and Eric Oalican, Esq. Topics include the essentials of estate planning for accountants and their. . .
- Eric Oalican. 617-350-5600. View Profile. Elder Law, Estate Planning.
We are still looking.
If you know someone linking to our site, please drop us a note so that we can show our appreciation.
Tuesday, September 8, 2009
Elder Law - Cohen & Oalican in the news
Its always interesting to see who is talking about you or linking to you on the web.
This is a short not of thanks to all of those that are kind enough to mention us on their websites.
More to come, we keep on digging. It is rewarding, in retrospect, to see some of the accomplishments we have had in prestigious organizations like the Boston Bar and to see our participation in this worthy organization recognized on the web.
This is a short not of thanks to all of those that are kind enough to mention us on their websites.
- Eric Oalican Profile
- Andover Cohen & Oalican
- Boston Cohen & Oalican
- Raynham Cohen & Oalican
- Our Elder Law Blog
- Steven Cohen Linked in
- Eric Oalican Linked In
- We Were Stumbled!
- Massachusetts Lawyers Weekly
- Boston Bar - Trusts and Estates Winter 2009
- Boston Bar - Elder Law & Disability Planning Committee
- Boston Bar - Trusts and Estates Winter 2008
- Boston Bar - Steven M. Cohen, Cohen and Oalican, will discuss the provisions of the Deficit Reduction Act of 2005. Specifically their impact on elder law practice. . .
- Boston Bar - Elder Law & Disability Planning Committee Open Forum
- Boston Bar - Trusts & Estates Fall 2008
- Boston Bar - Elder Law & Disability Planning Committee
- Boston Bar - THE NEW MASSACHUSETTS UNIFORM PROBATE CODE Panelist
- Boston Bar - The New Massachusetts Uniform Probate Code
More to come, we keep on digging. It is rewarding, in retrospect, to see some of the accomplishments we have had in prestigious organizations like the Boston Bar and to see our participation in this worthy organization recognized on the web.
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