Medicaid Eligibility for Long-Term Care Services
This section is not legal advice. Education Information only.
Qualified Income Trusts for Medicaid Education
A Qualified Income Trust (or QIT) is a document to qualify for benefits when applicant income exceeds the income limit. Currently income limit in Florida for 2020 is $2,349.00 for individual and $4,698 for couple. Qualified Income Trust document is designed for those over the income limit, but who do not receive enough monthly income to pay for their nursing care facility costs.
For a low cost, answering a few questions, we will provide you with detailed requirement and simple instructions for handling the bank accounts for your Florida Qualified Income Trust.
Personal Service Contract Education
A personal service contract is a planning tool to transfer assets over 2,000 legally in exchange for lifetime care and companionship and provides Medicaid eligibility. Under this contract, you would enter into an agreement with an individual or professional caretaker to provide lifetime care in exchange for compensation.
Our Senior Care Connector Consultant has over 20 years in Medicaid eligibility, and guarantee to meet the requirements for the Statewide Medicaid Long-Term Care program.
Call us today to speak to one of our Senior Care Connector Consultants at 1(888) 381-0815 to meet with a Senior Care Consultant.