STABLE Accounts and Special Needs Trusts

Estate Planning, Trust & Probate, Joseph P. Mattera, Katrina Wahl, Legal News, Legal News for Individuals, Probate, Estate Planning and Elder Law

Disabled Individuals – Saving for Retirement   In 2014, Congress passed the federal Achieving a Better Life Experience (ABLE) Act. The Act made an ABLE Account possible. An ABLE Account is an investment account that permits qualified persons with disabilities to save and invest money without losing eligibility for certain public benefits. These public benefits…

Secure Act

brittanydoggett, Estate Planning, Trust & Probate, James L. Jacobson, John E. Clough, Joseph P. Mattera, Senney Says by Jeff Senney

Understanding the SECURE Act Effective January 1, 2020 is a new spending bill called the SECURE Act (Setting Every Community Up for Retirement Enhancement Act of 2019).  Prior to 2020, most participants were required to take RMDs (required minimum distributions) from employer plans or IRAs by age 70-1/2; however, for those who have not reached…

Payment for Necessaries

Estate Planning, Trust & Probate, Joseph P. Mattera, Legal News, Legal News for Individuals, Probate, Estate Planning and Elder Law

In Embassy Healthcare, D.B.A. Carlisle Manor Healthcare (Embassy) vs. Cora Sue Bell (Cora), decided in late 2018, an important decision was reached by the Supreme Court of Ohio regarding the issue of necessaries and how they are treated if the spouse who received the necessaries passes away before the necessaries are paid back. “Necessaries” can…

Medicaid and Ohio Work Requirements

Estate Planning, Trust & Probate, Joseph P. Mattera, Legal News, Legal News for Individuals, Probate, Estate Planning and Elder Law

Several months ago, the U.S. Center for Medicare and Medicaid Services granted approval for Ohio to impose work requirements for those covered by the Medicaid expansion program / the Affordable Care Act (approximately 540,000 people).  Gov. DeWine believes the work requirement is intended to put able-bodied adults served by the Medicaid expansion on a pathway…

Under-Performing Nursing Facilities

Estate Planning, Trust & Probate, Joseph P. Mattera, Legal News for Individuals

Senators Bob Casey and Pat Toomey, both of Pennsylvania, recently applauded the decision of CMS (Centers for Medicare and Medicaid Services) to release to the public the CMS’ April list for the 400 under-performing nursing facilities in the country.  These facilities are candidates for the Special Focus Facility Program.  The CMS has agreed to publicize…