Illinois Medicaid Lawyer

by Tom Olofsson, Attorney at Law, www.MyTrustLawyer.com (773) 905-1193
When a person applies for Medicaid benefits their financial paperwork is carefully looked at.
The Medicaid Department looks for certain gifts or transfers. If transfers were made then Medicaid calculates whether a penalty will result. Medicaid will not pay the medical bills of the person during this penalty [...]

by Tom Olofsson, Attorney at Law, www.MyTrustLawyer.com (773) 905-1193
In years past a person could give away his home and money and qualify for government health benefits (Medicaid) the next day.
In 2006 new rules were put into effect in most state which effectively limit the amount of assets which may be given away and still qualify [...]

by Tom Olofsson, Attorney at Law, www.MyTrustLawyer.com (773) 905-1193
An Associated Press report, which was picked up by several newspapers, states that some nursing home residents feel as though they are being held against their will. They allege that nursing homes have a strangle hold on Medicaid reinbursements. These residents state that it is too hard [...]

When you give someone a gift you sign a check. When you buy a meal in a restaurant you sign a credit card receipt. When you sell your home you sign a deed.
In each of these situations it is your signature which marks that the sale has taken place.
If you wish to give assets to [...]