by Brenton McWilliams | Elder Law
Author: Brenton McWilliams What is the income cap for Alabama Long Term Care Medicaid? The income cap for Alabama Long Term Care Medicaid is $2,313 as of 2019 (the excess over this amount may be put into a Qualified Income Trust). Medicaid is a means-based benefit...
by Brenton McWilliams | Elder Law
Author: Brenton McWilliams What are the asset eligibility requirements for Alabama Long Term Care Medicaid? For a single applicant: $2,000 in countable resources For a married couple where both spouses are receiving Medicaid benefits: $3,000 in combined countable...
by Brenton McWilliams | Elder Law
Author: Brenton McWilliams Medicaid Planning: What is the Medicaid lookback period? When an application for medicaid nursing home benefits is made, medicaid requires the applicant to disclose any gifts made by the applicant during a certain period of time leading up...
by Brenton McWilliams | Blog
Alabama Limited Liability Company Benefits: Limitation of Liability Author: Brenton McWilliams Probably the number one reason businesses choose to form a limited liability company are the limitations of liability provided for the owner (member). Subject to some...
by Brenton McWilliams | Blog
Author: Brenton McWilliams How is an Alabama Limited Liability Company Managed? In Alabama, the rights and obligations of the limited liability company owners are typically set out in two separate documents. The certificate of formation, formerly referred to as the...
