Qualified Income Trust - Michael Cohen Dallas Elder Lawyer

07 Sep Success Story of the Month – The Wait and See Approach

Posted at 09:00h in Lady Bird Deed, Long Term Care, Medicaid Application, Medicaid Planning, Michael Cohen Dallas Elder Lawyer, Miller Trust, Nursing Home, Power of Attorney, Retirement, Success Story of the Month, Transfer of Death

Sometimes the best plan is to play a waiting game. The facts: CASE FACTS: Parent, a 71 year old widow, is in a skilled nursing facility and would save approximately $2000 per month (the difference between the cost of care and parent’s income including monthly long-term care...

03 Nov 2026 LONG TERM CARE MEDICAID INCOME CAP INCREASE – WHEN AND HOW TO USE A MILLER TRUST

Posted at 14:34h in Long Term Care, Medicaid Planning, Nursing Home, Public Benefits Protection

Applicants for long-term care and Star+ Medicaid must be below an income cap as one of the requirements for Medicaid eligibility. If the applicant’s income exceeds the income limit of $2,982 (as of January 1, 2026), the eligibility solution for this particular requirement is the...

05 May 5 REQUIRED GOVERNMENT REIMBURSEMENT PROVISIONS IN ADDITION TO PROBATE

Posted at 14:52h in Estate Planning, Medicaid Planning, Miller Trust, Public Benefits Protection

There are numerous Medicaid programs that require a pay-back of governmental benefits advanced after the death of the Medicaid recipient. This is most common is if the will of the deceased is probated or under the laws of intestacy (when the Medicaid recipient doesn’t have...

20 Jan 2025 Long Term Care Medicaid Income Cap Increase – When and How to Use a Miller Trust

Posted at 13:45h in Beneficiary, Estate Planning, Long Term Care, Medicaid Application, Medicaid Planning, Medicare, Michael Cohen Dallas Elder Lawyer, Miller Trust, Nursing Home, Probate Administration, Public Benefits Protection, Social Security, Transfer of Death, Trusts

Applicants for long-term care and Star+ Medicaid must be below an income cap as one of the requirements for Medicaid eligibility. If the applicant’s income exceeds the income limit of $2,901 (as of January 1, 2025), the eligibility solution for this particular requirement is the...