Preserve Benefit Eligibility With Special Needs Planning

If it is done correctly, estate planning will involve careful consideration of the life situation of each inheritor. You should take a personalized approach and make sure that you are providing for each person that you love in the ideal manner. This is especially important if you have someone with a disability on your inheritance list. People with disabilities are clearly going to require health insurance. Most people get health insurance through their jobs, but a significant percentage of people with disabilities cannot work. For these people, Medicaid is a lifesaver. This is a government health insurance program that is available to people who can prove that they have a significant level of financial need. Once you obtain eligibility for Medicaid, your status is not necessarily permanent. If someone who is enrolled in the Medicaid program was to come into some money via an inheritance, eligibility could be forfeited. To address this type of situation, you could create a special need
http://www.preserveyourestate.net/preserve-benefit-eligibility-special-planning/

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s