Connecticut Medicaid: The 2018 Income Rules
To qualify for Medicaid, you must meet both the asset and income eligibility rules. In our last blog, we discussed the 2018 Medicaid asset rules. Now let us review some of the Medicaid income rules.
To qualify for Medicaid, you must meet both the asset and income eligibility rules. In our last blog, we discussed the 2018 Medicaid asset rules. Now let us review some of the Medicaid income rules.
To qualify for Medicaid (also known as Title 19), you must meet both the asset and income eligibility rules. In a companion blog, we discussed the 2018 Medicaid income rules. Now let us review the Medicaid asset rules.
It’s important to choose the right people to carry out your intent under a will. Your will appoints an executor who is the person you’ve chosen to wind up your estate at your death. You may also appoint a trustee under a will or a trustee under a Revocable Trust.
In 1993, Suzanne executed a will that left 50% of her estate to her son – Dan – and 50% to her granddaughter, Nicole. Suzanne began to suffer from hallucinations in 1995. Approximately one year later, Suzanne executed a power of attorney authorizing Nicole to handle her real estate transactions. At the time, Suzanne owned a home in New London. Everyone knew that she was executing this power of attorney in favor of her granddaughter.