Search Site
Menu
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
  • lawyers
    5.0/5.0

    I had another lawyer help me with estate planning, and only be semi-knowledgeable about these things I trusted his advice. Then he had some troubles which made me question his advice. I asked Teresa if she could review my documents and advise if ever...

    Read more

    Client

  • lawyers
    5.0/5.0

    Working with Teresa and her staff has been a very positive experience. At every turn she assisted us in making a very difficult situation more manageable. Her firm practices good communications, professional services, and is always willing to help ...

    Read more

    Client

  • lawyers
    5.0/5.0

    Teresa has provided my husband and me total peace of mind with her intuitive understanding of our estate planning needs.

    Read more

    Client

  • google
    5.0/5.0

    I have been lucky enough to work with Teresa and her team with several clients and find her service and advise to be consistently of the highest of standards. She is a pleasure to deal with and nothing is ever too much trouble for her. I cannot recom...

    Read more

    rob galkoff

  • google
    5.0/5.0

    Teresa is easy to talk to and is understanding of the situation brought to her. I would highly recommend her for your legal representative.

    Read more

    Theresa Wheeler

See all reviews
Contact us

Quick Contact Form