Hi:
My elderly mother has had a stroke and I have just placed her in a nursing home. She has some assets that will need to be spent on her care, but, eventually, Medicaid will enter the picture.
Her pension income exceeds the state maximum for Medicaid, and "Miller Trust" has come up in discussions.
I would appreciate it if someone would discuss "Miller Trust", and this whole issue of how the states determine at what point a person is eligible for Medicaid, what assets need to be expended, estate recovery laws and so forth.
A Google search leads to web-sites of businesses that claim to be able to protect assets, even for those who have made no previous plans when it's time for the nursing home. I find those dubious. Right or wrong?
Thanks.
My elderly mother has had a stroke and I have just placed her in a nursing home. She has some assets that will need to be spent on her care, but, eventually, Medicaid will enter the picture.
Her pension income exceeds the state maximum for Medicaid, and "Miller Trust" has come up in discussions.
I would appreciate it if someone would discuss "Miller Trust", and this whole issue of how the states determine at what point a person is eligible for Medicaid, what assets need to be expended, estate recovery laws and so forth.
A Google search leads to web-sites of businesses that claim to be able to protect assets, even for those who have made no previous plans when it's time for the nursing home. I find those dubious. Right or wrong?
Thanks.
