Friday, November 18, 2011

Simasko Law: New Medicaid Guideline Seminar

Simasko Law: New Medicaid Guideline Seminar: November 30th, Free Educational Seminar! At the Thomas Edison Inn, 500 Thomas Edison Parkway, Port Huron, Mi 48060. Starts at 6:00 p.m. till...

New Medicaid Guideline Seminar

November 30th, Free Educational Seminar! At the Thomas Edison Inn, 500 Thomas Edison Parkway, Port Huron, Mi 48060. Starts at 6:00 p.m. till 7:30 p.m. Refreshments and Education on the house! Please R.S.V.P @ 586-468-6793. Seating is limited.

Wednesday, September 28, 2011

October Medicaid Seminar "Free Education Program"

Medicaid Guidelines Have Changed! 


The State can now take your house-learn how to protect assets and have piece of mind.   


Wednesday October 12, 2011
6:00-7:30 p.m

Refreshments will be served
Bring a friend


Seating is limited
 so
don't forget to 
R.S.V.P
"REQUIRED"
586-468-6793




Windemere Park Senior Community
31800 Vandyke Avenue
Warren, Mi 48093

Thursday, May 12, 2011

Michigan Medicaid Estate Recovery Update May 2011

VERY IMPORTANT NURSING HOME ALERT: MEDICAID
There have been two major Medicaid Law changes:  Estate Recovery and Jointly Owned Property.
Michigan’s Department of Human Services enacted the Estate Recovery Act which is scheduled to take effect June 1, 2011. Prior to this time, the principal residence was treated as an exempt asset.  Meaning, Medicaid will not force the patient to sell the home prior to obtaining nursing home benefits. Starting June 1, 2011 Medicaid will have the right to file a lien on the patient’s Probate Estate and get reimbursed from the Estate for the monies paid on the patient’s behalf while they were on Medicaid and living in the nursing home.  This means that if the house, or any other asset has to go through probate, Medicaid can have that asset liquidated and the money used to reimburse the State for the Medicaid benefits they paid out. 
The second change took effect May 1, 2011.  For as long as I can remember, jointly owned real estate property and stocks have been treated as unavailable assets to the patient on Medicaid.  Meaning, Medicaid can’t force the other owners to sell their interest, therefore, it never had to be sold.  Now, the patient’s share of that asset is treated as a countable asset which will prevent Medicaid eligibility. If you or your loved ones are currently in a nursing home or may need to go into a nursing home in the future please have them contact me Simasko Law Offices 586-468-6793. 

Wednesday, April 20, 2011

Firm Overview

Simasko, Simasko & Simasko, P.C. is a multi-services firm offering a broad range of legal services in a wide variety of law practice areas. Despite the fact we offer services in almost all aspects of law, our attorneys also provide a very specialized and unique focus. Comparatively few lawyers in the Detroit Metro and surrounding areas provide extensive legal advice in assisting clients to plan and qualify for Medicaid. As part of our thorough Estate Planning legal advice, we not only have a team of seasoned staff devoted to Medicaid planning, but also offer public seminars to educate clients on protecting their assets through Medicaid Planning.
You spend your life working and saving to build your assets. No one wants to see their entire life savings depleted by the high costs of nursing home care. According to a recent study, nursing home care nationwide now averages around $70,000 per year. At Simasko, Simasko & Simasko through our specialized knowledge of Medicaid law, we've helped hundreds of senior citizens qualify for Medicaid and save their assets. There are options available to you and no matter what you've heard from your accountant, friends or family, you don't have to lose everything you've worked so hard to earn, simply because you've reached a point where you need nursing home care.
Our attorneys will sit down with you and provide personalized attention. We'll review your income and assets and help guide you to the best planning for your unique situation. In addition to Medicaid other important facets of sound estate planning include wills and trusts as well as powers of attorney, should you reach a point where you are unable to make decisions yourself.
As a full-service law firm, our expertise also extends beyond estate planning. Whatever your needs, Simasko, Simasko & Simasko P.C. is here to provide you with top representation and legal advice. If needed, we will aggressively defend your rights, whether in divorce, negotiating real estate transactions, resolving corporate disputes, trying a criminal case or seeing you are fairly compensated for a personal injury.
For the highest quality service, delivered in a timely manner at a reasonable cost, contact Simasko, Simasko & Simasko today.