The Spousal Impoverishment Protection Law has set certain guidelines that protect minimum income and asset levels.
For example, if the spouse at home gets less than $1,891.25 a month, this spouse would get to keep the nursing home spouse's income to the extent that the income for the spouse at home is at least $1,891.25.
And for assets there is a minimum threshold of $23,184 that the spouse at home would be able to keep, plus the spouse...
Many people often establish a living trust for legitamate reasons like avoiding probate or for management purposes, but a major misconception is that these trusts serve an additional purpose of protecting assets like the family farm.
This is incorrect. Unless the spouse is actually working the farm for their livelihood, a property held by this type of tru...
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For the past 20 years, Nebraska Elder Planning has prevented families from getting WIPED OUT from the High Cost of Nursing Home and Assisted Living Facilities.
EVEN if your loved one is already in the nursing home many families don’t realize that they can legally protect their money from the high cost of a nursing home.
Most people end up making uninformed decisions, or worse yet misinformed decisions, based on inaccurate advice, because they don’t know who to turn to or they turn to people that haven’t been properly trained!
Don’t send another check until you give us a call!
"Mark, Connie and anyone else in the office. I just want to say thank you for all you have done to get Chuck on Medicaid. I don't know what I would have done without your help. You are great people…."
--C.W. Hastings, NE