What is Medicaid Law Medicaid Law explained
Table of Content For Effective Medicaid Planning – First Understand Medicaid Law Rules and Regulations Residents' Rights If not funded by will, does the trust allow the trustee to distribute anything from any part of the trust under any conceivable circumstance? If the answer is “yes” with respect to any part of the trust, that part of the trust is countable. Instead say Maude owns a $7,000 face value policy with a cash value of $6,000 and a $2,500 policy with a cash value of $2,000. Because the face values total less than $10,000, the $8,000 total cash values will not count. These are often referred to as “life time rights” or “life rights”. Seniors in long-term care in North Carolina have access to a selection of programs and services that address individual needs and help improve the overall quality of life for seniors. Many of these programs can also delay admittance into a nursing home by enabling seniors to age in place. Resources on this page provides links to applic...