Applying for Medicaid: Do I Need an Elder Law Attorney?

Applying for Medicaid

Per the Genworth 2018 Cost of Care Survey, the median cost of nursing home care in the Greater Philadelphia Area is as much as $12,167 per month[1].  With the staggering monthly cost of skilled nursing home care, many seniors that require nursing home care rely on Medicaid. Medicaid is a joint federal-state program that provides health coverage to individuals that are low-income or medically needy.

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OWM Blog – What is a Special Needs Trust?

Special needs trusts (also known as “supplemental needs” trusts) are an important component of planning for an individual with a disability. A special needs trust allows a disabled beneficiary to receive inheritances, gifts, lawsuit settlements, or other funds and yet not lose his or her eligibility for certain government programs, such as Medicaid or Supplemental Security Income (SSI). Special needs trusts are drafted so that the funds will not be considered to belong to the beneficiary in determining his or her eligibility for public benefits. …

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OWM Blog – Special Needs Planning: 2018 Tax Changes to ABLE Accounts

On December 22, 2017, new tax legislation was signed into law by President Trump. The new tax law impacts ABLE (Achieving a Better Life Experience) plan accounts for the 2018 tax year. Modeled after 529 college savings accounts, ABLE accounts allow individuals with qualifying disabilities and their families to save for a wide range of disability-related expenses. The federal tax-free savings and investment options are offered to encourage individuals with a disability and their families to save private funds to support health, independence and quality of life. The annual contribution limit for an ABLE account for 2018 is $15,000. The contributions and the tax-free growth of the contributions may be used by individuals with a disability for “disability related expenses” without interfering with the individual’s eligibility for public benefits such as SSI and Medicaid. …

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Retaining Your Individualized Education Program (IEP)

iep

Many families have children who require an Individualized Education Program (IEP) or a 504 Plan while their children are of school age.  There are many reasons why one may be needed involving emotional and physical issues that a child has in trying to optimize their education.  A plan is necessary and very helpful in obtaining services for students while in school.

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Medicare Cards: What is New and Why

new medicare card

Medicare beneficiaries, did you get your new Medicare card yet?  I did.  I have been waiting for the new card since it was announced last year that the Centers for Medicare and Medicaid (CMS) would finally comply with the mandate to remove the beneficiary’s Social Security number from the Medicare card.  My new ID number is reminiscent of the temporary password issued when you cannot remember your current password, a string of numbers and letters that make no sense.  That is the point, however, since identity theft was so easy when so many entities had copies of my Medicare card. …

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OWM Newsletter – Spotlight on TriCounty Active Adult Center

FEATURE ARTICLE – Kathleen M. Martin, Esq., CELA discusses the various programs and services that TRAAC offers to members.

STAFF SPOTLIGHT – Meet Hilda M. Wilson, Billing Coordinator

PRESS RELEASE – O’Donnell, Weiss & Mattei, P.C. is Growing Again

OWM FIRM NEWS & UPCOMING EVENTS – O’Donnell, Weiss & Mattei, P.C. will be participating in National Elder Law Month this May by offering a free 30-minute consultation with an attorney to review current estate planning documents (i.e. Wills, Powers of Attorney, Living Wills). Please call our office at (610) 323-2800 or (610) 917-9347 to schedule your free 30-minute consultation with one of our Elder Law or Estate Planning attorneys in either the Pottstown or Phoenixville office.

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OWM Blog – Spotlight on TriCounty Active Adult Center

As part of our continuing spotlight on area non-profit organizations, and also as part of the celebration of Elder Law Month in May, two (2) attorneys from OWM Law met with Brian Parkes, the Executive Director of the TriCounty Active Adult Center (TRAAC) which is formerly known as the Pottstown Area Senior Center. …

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OWM Blog – Parents Living with Adult Children

parents living with adult children

Intrafamily care was common in the United States several generations ago. With today’s aging population, there are indicators that not only baby boomers, but millennials, are inviting their parents to move in with them, renovating their homes to accommodate a surviving parent.  With the rising costs of nursing home care, children are reverting to the “old ways” of multigenerational living, giving the children both peace of mind regarding the parent’s care, and reducing many of the stresses related to long distance caregiving.  A side benefit is the home is then senior-suitable when they need it.

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