Sikov and Love, P.A.
Call To Speak With An Experienced Attorney
877-897-8025
Comprehensive Elder Law Services Addressing
a Full Range of Legal Issues

Posts tagged "Medicaid/Medical Assistance and Medicare Planning"

Difference between Medicare and Medicaid

Many people in Pennsylvania may find it difficult to distinguish between Medicare and Medicaid, given the similarity in their names and the fact that both programs relate to health coverage. Understanding the difference is important when planning for or reviewing one's medical coverage needs.

Medicaid trusts and other long-term care planning strategies

People in Pennsylvania who are evaluating their estate plans should give careful thought to how they might choose to fund any long-term care needs they may experience in the future. If no long-term care insurance policy has been maintained and there is not enough value in a person's estate to ensure proper care for as long as a person may need, Medicaid may be the next option. However, there are some limits to when Medicaid will cover the cost of this type of care.

Maintain flexibility with your Medicare planning

Millions of Americans benefit from Medicare funding. This so-called "safety net" is invaluable to many people who otherwise would not be able to afford medical treatment in their older years. However, what many people do not understand is that planning for Medicare funding needs to be a part of your estate plan.

Making a plan that includes Medicaid eligibility

With all of the changes that we hear about from our leaders in Washington, D.C., it is possible that some Pennsylvania residents may be concerned that their eligibility for federal programs could be impacted sometime in the near future. However, our readers probably know by now that it takes quite a bit of political will to make changes to many major programs, such as Social Security, Medicare and Medicaid. As a result, it is probably wise to plan as if these programs will stay as they are for the foreseeable future.

Will a trust help you plan for your long-term care needs?

A trust, or legal instrument that transfers title from an owner to a trustee to administer on behalf of the beneficiaries, can complement financial planning in a variety of areas: retirement, long-term care needs, and estate plans. A law firm that focuses on estate and long-term care planning can help you create trust terms that will fit your specific needs.

Proposed law changes could improve tools in special needs plans

For those with family members who have special needs, ensuring that there are adequate resources for the care of their loved one takes research and planning. This entails not only looking into and pursuing the government programs and benefits available to support that family member, particularly as he or she moves into adulthood, but also setting aside funds to provide for that family member's care.

Tell Us About Your Case

Tell Us About Your Case

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Office Location:

Sikov and Love, P.A.
428 Forbes Avenue, Suite 1400
Pittsburgh, PA 15219

Toll Free: 877-897-8025
Phone: 412-567-1236
Fax: 412-261-1455
Map & Directions

Phone Number: