Tehachapi's Online Community News & Entertainment Guide
Tehachapi's Online Community News & Entertainment Guide
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Read part one in the Jan. 6 issue of The Loop newspaper. After the effective date of the law, its implementation requires the following list of governmental restrictions: A. It limits estate recovery to long-term care services for costs, such as nursing homes. B. California will no longer recover for basic health care services. C. It limits recovery to probate estates, meaning living trusts will not be subject to recovery. It also means that if you are using a Last Will and Testament as the...
A Trust can save you hundreds of thousands of dollars by avoiding MediCal benefit "chargeback" or recovery against your home for benefits paid to skilled nursing homes. If you have an elderly person in your life and they live in a nursing home, it's not uncommon to pay $5,000/month. If they don't have much cash, even if they have a house, MediCal (public benefit program) will pay that rent for them as long as they live. Before 2017, law offices used to prepare documents they called "House...
