by Brenton McWilliams | Blog, Estate Planning, Wills and Trusts
Choosing between a revocable and irrevocable trust is akin to selecting the right tool for a job—it all depends on what you’re trying to achieve. This article will help you navigate the nuances of each option, revocable vs. irrevocable trust so you can make the...
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...