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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 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 […]

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 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? 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? 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 provides everything you need to help accelerate eligibility for Medicaid benefits through the use of Medicaid Compliant Annuities.  From quotes to comprehensive eligibility plans, we are here […]

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 […]