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In Florida, private-pay costs at nursing facilities can exceed $6,000 per month. Many families cannot afford to pay such excessive amounts, which can total more than $70,000 per year.
The Florida Medicaid program can offer a solution to the high cost of nursing home and assisted living care. But Medicaid has such strict asset-and-income limitations that most people believe it can be used by only the very poor.
Fortunately, the U.S. Congress and Florida law provide opportunities to help families receive financial assistance through Medicaid and protect hard-earned assets. With proper planning, even those whose assets and income greatly exceed the limits for Medicaid can qualify for benefits.
About the Author: John R. Frazier graduated Cum Laude from Hampden-Sydney College in Virginia with a B.A. in Economics in 1986. He received his Master's degree in Business Administration from Virginia Tech in 1994; graduated Cum Laude from the University of Toledo, College of Law in 1997; and received his LL.M. in Taxation from the University of Florida, College of Law in 1998.He is licensed to practice Law in both Florida and Georgia, and he practices primarily in the fields of Elder Law, Medicaid Planning, Veterans Benefits Law, Estate Planning, Asset Protection, Taxation, and Business Organizations.John is admitted to practice before the United States Court of Appeals for Veterans Claims, and he is accredited by the Veterans Administration to assist VA claimants present, prepare and prosecute claims with the VA. He is also a member of the National Organization of Veterans Advocates, Inc., the National Academy of Elder Law Attorneys, the Academy of Florida Elder Law Attorneys, and the Florida Bar Elder Law Section.John R. Frazier can be reached through his website: www.EstateLegalPlanning.com
Title: Protecting Your Family's Assets in Florida: ...
Publisher: Rainbow Books
Publication Date: 2012
Binding: Soft cover
Condition: very_good
Edition: 2nd Edition