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Medicaid Eligibility

Sarasota Lawyer Assists with Medicaid Eligibility Planning

Protect your assets and qualify for healthcare assistance

The expense of a long-term nursing home stay often forces seniors to rely on Medicaid. But without prior planning, many seniors run through their money before being ruled eligible. Teresa K. Bowman, P.A. offers an in-depth evaluation of your current financial situation to advise you of your options if you, your spouse or partner becomes seriously ill and needs long-term care. Medicaid is a joint federal and state medical assistance program: both state and federal dollars make up the Medicaid budget. For many people seeking Medicaid eligibility, however, complex rules make navigating the system difficult. Your best course of action is to seek advice from someone who not only knows the laws but also understands the rules and policies of the agencies involved.

Thorough assistance with Medicaid planning in Sarasota and Manatee counties

People applying for Medicaid must meet strict income and asset limitations. Through estate planning, you can transfer assets to loved ones in advance of your application for Medicaid, but you must do so more than five years ahead of your application or you trigger a penalty period that automatically pushes back your eligibility. If you haven’t protected your assets through long-term planning, I may still be able to help you avoid undue financial hardship by providing reliable advice on:

  • Application preparation — I can help you gather the necessary information and apply to the Florida Department of Children and Families for Medicaid assistance. By minimizing the potential for errors, I can give you the best chance for a prompt, successful decision.
  • Qualified income trust — Also known as a Miller Trust, this instrument creates an entity that holds excess income that would disqualify you for Medicaid eligibility.
  • Spousal protection — In a situation where an “ill spouse” receives Medicaid coverage for nursing home care, the “well spouse” is allowed to earn a certain amount of extra income for support.
  • Protecting the marital home and marital assets — In Florida, a “well spouse” also enjoys protection for the home, home equity, and a portion of nonexempt marital assets.
  • Undue hardship exception — If you transfer assets that trigger a penalty period, you may be able to get a rarely granted exception if enforcing the penalty would cause undue financial hardship.

As a dedicated elder law attorney, I am committed to helping you get the medical assistance you need while protecting as much of your wealth as possible.

Contact a knowledgeable Florida lawyer for advice on a Medicaid eligibility issue

Teresa K. Bowman, P.A. helps people throughout Sarasota and Manatee counties with Medicaid eligibility and asset protection issues. Please call 941-735-5200 or contact me online to schedule an appointment at my Sarasota office.

Awards & Achievements
Reviews & Ratings
  • google
    5.0/5.0

    Making end of life plans is never easy, but Teresa Bowman and her staff were efficient and compassionate. I highly recommend them for eldercare planning.

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    Sondra Nagar

  • lawyers
    5.0/5.0

    I have been a client of Teresa Bowman for several years and feel so secure knowing I can rely on her and her associate, Rachel Schadt, to guide me through the many legal issues involved with estate planning and my care as I get older. I feel confide...

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    Client

  • lawyers
    5.0/5.0

    Her office was very competent in handling our problem with finding treatment for a 100 year old woman who needed financial and health care with living arrangements.

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    Client

  • google
    5.0/5.0

    I can't say enough good things about Teresa and her office. Mom had a tragic fall in Ohio and we had to air ambulance her to Florida. All of the Ohio documents had to be redone. From the initial meeting, she and her office were very thorough, orga...

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    jan reimer

  • google
    5.0/5.0

    Our family experience with the Teresa Bowman practice has been exemplary! Professionalism and empathy beyond words. A personal and professional gift at this time in our world and our immediate family lives. Gratitude and confidence shall be ongoing!

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    Debra Ruppert

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News
  • "The National Elder Law Foundation (NELF) – the only organization approved by the American Bar Association to offer certification in the area of elder law, has announced that Teresa K. Bowman, Esq., of Sarasota has successfully completed its examination leading to such certification."

  • "I am pleased to announce that I have joined the firm of McLin Burnsed, based in Leesburg and in The Villages Community, as an attorney of counsel. McLin Burnsed has maintained a presence in the Leesburg and Villages area for over 45 years and are expanding their practice to include Elder Law."

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