Blog

- Articles to Help Build Your Practice -

5 Reasons to Purchase an Irrevocable Funeral Expense Trust

POSTED ON - December 5, 2018

Written By Krause Financial Services

An Irrevocable Funeral Expense Trust is a trust your client would fund in order to pay for their funeral down the line. Here a just a few of the reasons your client may want to […]

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2019 SSI and Spousal Impoverishment Standards

POSTED ON - November 14, 2018

Written By Krause Financial Services

The Centers for Medicaid and CHIP Services (CMCS) have announced an update for the 2019 SSI and Spousal Impoverishment Standards. Starting January 1, 2019, the Minimum MMNA will be $2,057.50  in all states except Alaska and Hawaii. The Maximum MMNA […]

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History of Medicaid

POSTED ON - November 7, 2018

Written By Krause Financial Services

Medicaid and Medicare have become a cornerstone in U.S. health care. Laws are continuously being created and updated to keep up with the expanding need for this federal and state service. Social Security Act When […]

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Can You be an Attorney and an Insurance Agent?

POSTED ON - October 24, 2018

Written By Krause Financial Services

A number of attorneys have asked if they can be both an attorney as well as an insurance agent for their clients. In many ways, this would be a helpful asset because you can help […]

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VA Rule Changes:  Main Differences Between 2015 Proposal and 2018 Final Publication

POSTED ON - October 3, 2018

Written By Krause Financial Services

In January of 2015, the VA released their proposed rule change. Over three years later, in September 2018, the VA officially published their new rule which made a number of changes to the original proposed […]

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Breaking Down Other VA Rule Changes: Residential Lot Size, Income Exclusions and Medical Expenses

POSTED ON - September 26, 2018

Written By Krause Financial Services

With the number of comments and changes made in the published VA regulations, we are breaking down a few more of those changes. In this post, we will specifically be covering changes and specifics in […]

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Major Changes to VA Crisis Planning

POSTED ON - September 19, 2018

Written By Krause Financial Services

The VA has made changes to their non-service connected pension benefit eligibility rules, which will take effect October 18, 2018. The focus for this post will be changes made to net worth limit, transfers to […]

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Revocable vs. Irrevocable Trusts

POSTED ON - August 30, 2018

Written By Krause Financial Services

Which kind of trust should your client be putting their assets into? If they plan to apply for Medicaid in the future, this question is extremely important. One trust, the revocable trust, will allow your […]

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