Medicaid Annuity Blog

Blog

Home > Blog
2018 SSI and Spousal Impoverishment Standards Update July 1

Paul Malcore | June 7, 2018

2018 SSI and Spousal Impoverishment Standards Update July 1 The Center for Medicaid & Chip Services (CMCS) has released the updated Supplemental Security Income (SSI) and Spousal Impoverishment Standards effective July 1, 2018.  Beginning in […]

What to do When your Client Receives a Medicaid Denial

Paul Malcore | May 18, 2018

What to do When your Client Receives a Medicaid Denial Even the best plan for Medicaid eligibility can result in a denial of benefits. More often than not, the denial is the result of a […]

Dale Krause, J.D., LL.M., Receives Outstanding Performance Award from Nationwide Life Insurance Company

Krause Financial Services | April 30, 2018

Krause Financial Services President Dale Krause, J.D., LL.M., Receives Outstanding Performance Award from Nationwide Life Insurance Company Krause Financial Services President and CEO, Dale M. Krause, J.D., LL.M., was recently recognized for his outstanding performance […]

Purchasing a Medicaid Compliant Annuity: Pre Snapshot Date vs. Post Snapshot Date

Krause Financial Services | April 2, 2018

Purchasing a Medicaid Compliant Annuity: Pre Snapshot Date vs. Post Snapshot Date When purchasing a Medicaid Compliant Annuity in a traditional spousal situation, two important figures come into play for considering the Community Spouse Resource […]

Does the State Have to be Named Primary Beneficiary?

Krause Financial Services | March 15, 2018

Does the State Have to be Named Primary Beneficiary? A common question our office receives is, “Does the state Medicaid agency have to be named primary beneficiary on the annuity contract?”.  In almost all situations, […]

Annuitizing IRAs: Will My Clients Still Meet Their RMDs?

Krause Financial Services | March 2, 2018

Annuitizing IRAs: Will My Clients Still Meet Their RMDs? In most states, IRAs are considered countable assets for Medicaid purposes.  Rather than liquidate an IRA and risk facing large tax consequences, the client may be […]

Working with Krause Financial Services

Krause Financial Services | February 28, 2018

Working with Krause Financial Services Krause Financial Services provides everything you need to help accelerate eligibility for Medicaid or VA benefits through the use of Medicaid Compliant Annuities and VA Annuities.  From quotes to comprehensive […]

Pre-Planning vs Crisis Medicaid Planning

Krause Financial Services | February 13, 2018

Generally speaking, there are two types of long-term care planning:  Pre-planning and crisis planning.  Most elder law attorneys incorporate both into their practices, as a client’s unique set of circumstances will determine which is most […]

Successful VA Annuity Case: Using an Annuity Post-Eligibility

Krause Financial Services | January 31, 2018

Successful VA Annuity Case:  Using an Annuity Post-Eligibility Using an annuity in VA planning is a great way to quickly spend-down your client’s excess net worth and qualify them for the Aid & Attendance pension […]

What if the Owner of a Medicaid Compliant Annuity Passes Away?

Krause Financial Services | November 2, 2017

What if the Owner of a Medicaid Compliant Annuity Passes Away? In most cases, the purchase of a Medicaid Compliant Annuity requires the State Medicaid agency be named primary beneficiary up to the amount of […]