The 2014 numbers for Medicaid Qualification for the Aged, Blind and Disabled Residing in Nursing Homes or Participating in Home and Community Based Services Waivers in Mississippi are: Income Cap:  $2,163 Asset Cap:      $4,000 Community Spouse Resource Allowance (CSRA):  $117,240 Monthly Maintenance Needs Allowance:  $2,931

Child-free individuals and couples often face choices, decisions, and questions, which you are uniquely qualified to address.  Like many allied financial professionals, you may focus on helping clients pass the maximum amount of wealth to their beloved children. Along with buying a house and doing better than your parents, handing down your accumulated wealth to […]

When Elizabeth received the call from her brother telling her that he had just placed their mother, Gertrude, into a Mississippi nursing home, she took the first available flight to Jackson. Elizabeth was her mother’s durable power of attorney for financial decisions and knew there were a number of things she needed to do to […]

Probate lawyers in Mississippi work with their clients to put together plans that clearly explain what the client wants.  At least, that’s the hope.  When it comes to the administration of a will, however, there are several instances where a will is contested, often by an adult child of the decedent. One of the biggest […]

With much experience behind them, will lawyers in Mississippi often feel like they’ve “seen it all.”  This is good news for clients, because it means that the attorney can help you prepare for situations  you might never have expected otherwise.  One surprise that people hear from their estate planning lawyers is that you can’t use […]

Q:Once I qualify for Medicaid, will the quality of care I receive be sub-standard? A:No. It is illegal for a facility to discriminate against someone receiving Medicaid benefits. By law, Medicaid patients are to receive the same level of care as private-pay residents. Q:Is a married couple always required to spend down all of their […]

The simple answer: No. In fact, there are couples who together have over $117,000 in assets (not including their home) and qualify for Medicaid without any spend down. How can this be? What about the “division of assets” and “spend down” people are always talking about? Medicaid law is quite complex and everyone’s situation is […]

There are some forms of income that obviously need to be discussed with your trust lawyer in Mississippi.  When putting together your plan, you’ll want to consider your current employment, retirement plans, bank accounts, and possibly your own business.  As you work through the estate planning process, it will be clear that these are all […]

John and Mary Bell live in Jackson, Mississippi. They are now in their mid-70’s and they just celebrated their 50th anniversary. The Bells have been blessed with three wonderful children. One is a nurse, one is a school teacher, and their youngest child, Tim, is not able to work. Tim is now in his late […]

This is the second in a series of articles on what to expect when you work with your Mississippi will and trust lawyer.  Each article will cover several of the topics that you will need to consider to make a plan that works for your needs. Our last article looked at several things you will […]