Parents of children with disabilities, or children whose parents have become incapable of caring for themselves, may face the very difficult decision of making sure their loved ones are taken care of should they pass away before the loved one. Estate planning is important for anyone in Kansas City, but individuals in situations like this… Read More »
Blog Posts Page 13
Medicaid planning should be part of one’s end of life plan
Medicaid is a government resource that provides individuals of limited financial means with access to medical care. Both the State of Kansas and the federal government provide funding for Medicaid, and those individuals who wish to use it for their medical needs must qualify in order to receive it. Those who are interested in the… Read More »
Medicaid planning: some states see uptick in insured residents
Kansas City residents who are considering Medicaid as part of their long-term care needs may be interested to hear that the decision of the United States Supreme Court that upheld most of the Affordable Care Act, also known as Obamacare, did not uphold the provision of the Act that would have made it mandatory for… Read More »
Medicaid planning may include a Medicaid spend-down
Many people in Kansas City may find that, as they age, they incur a significant amount of medical expenses. They may wonder how to cope financially with such costs. For some individuals, qualifying for Medicaid could be the financial lifeline they need to afford their medical care. However, Medicaid has income limits. If your income… Read More »
Cuts to Medicaid benefits criticized
Many people in Kansas City rely on Medicaid to afford their health care costs. However, some view the Medicaid program as troubled. Two Republican congressmen are proposing that Congress consider cutting optional Medicaid eligibility and benefit categories. This proposal would provide a means of reducing spending on Medicaid. Senator Orrin Hatch and Assemblyman Greg Walden… Read More »
What is “Medicaid planning” in Kansas?
Most Kansas residents are likely familiar with the fact that the “Medicaid” program exists, even if just due to news reports mentioning it in the context of the Affordable Care Act over the last several years. Many, however, may be intimately familiar with the program as it helps cover care for them or their loved… Read More »
Can a special-needs trust help one obtain Medicaid?
When a person in Kansas City has a disability, they may have a very limited income, if they can work at all. When this is the case, they may rely on government benefits, such as Medicaid to pay for their medical expenses. Such benefits are often means-based. Means-based means that a person with too many… Read More »
Why is the probate process in Kansas important?
Many Kansas residents may have heard of probate, particularly if a loved one of theirs has passed away. When a resident of Kansas passes away, all of their property except that which is owned in joint tenancy or that which is distributed to a beneficiary may go through the probate process. In this process, the… Read More »
Kansas City veterans may benefit from veterans trusts
American’s veterans deserve to be honored for serving our nation. However, veterans in Kansas City face unique challenges when it comes to estate planning. This is when having experienced legal advice can be a crucial asset. Veterans who want to create a trust to pass their assets on to their loved ones do not necessarily… Read More »
Not all property in Kansas will go through the probate process
Part of the probate process in Kansas is determining how to distribute the deceased’s property to heirs. In some cases, a person has a will that dictates what to do with his or her property after death. If there is no will or other estate-planning document, the state has laws that determine how to pass… Read More »