Wednesday, September 2, 2015

Medicaid Look Back Wisconsin Credit Repair Nerds

Wisconsin Estate Reclamation under Statute 49.496 can attach a lien to a family members assets upon death for money consumed through Medical Assistance.  For assets transferred after Feb 8, 2006 the look back period is 5 years. 

Chronic long term disease processes can adversely effect an elders memory and ability to perform the daily living activities.  The need for help can be progressive and can result in the rapid consumption of liquid assets.  Health care providers facilitate the use of Medicaid as a pay source for immediate needs.  The health care provider cannot deny the need until payment becomes available.

Disciplined long term care planning can involve real estate as an investment vehicle to retain assets within the family.  In this strategy the elder living out of State sells their house with plans to move near their adult children.   Credit Repair Nerds Wisconsin works with the adult child's credit report to improve their borrowing outcome. 

The adult child purchases a smaller dwelling next door to their primary residence.  The elder moves in to the adult child's rental property and pays rent.  The elders countable assets are being transferred to the family.  The rental property can be considered an investment grade asset.  The rental property is no longer a risk for the Wisconsin reclamation reach back program.

The elder hires a Home Care Path registered nurse who performs an assessment and develops a plan of care.  This connects the elders needs into the local health care services.   Needing help with 2 or more activities of daily living would allow the elder to deduct the money paid to Home Care Path with their annual tax filing.

This would allow the elder to keep their pet which many assisted living facilities cannot accommodate.  Home Care Path has staff to make pet visits in the elders absence. 
Home Care Path considers pets family.

The core service in today's senior living industry is collaboration.  This becomes more imperative as the changes to long term care as outlined in the Wisconsin 2015 budget are implemented.  As public benefits change the families application of effective participation must change as well. 


                         Home Care Path Integrated Senior Living Solutions
                          Elder Care Assistants                 RN Care Planning
                         Home Pet Visits                Reducing Home Contents
                                              Credit Repair Nerds


Try the Credit Repair Nerds Wisconsin App
http://appsmakerstore.com/sites/app/6lxl0w32ho62z


Credit Repair Nerds Wisconsin https://homecarepath.sharepoint.com/Pages/CreditRepairNerdsWisconsin.aspx  works with a consumers credit information to fix reported history and improve scores.  We are in the business of managing your credit report to improve your borrowing outcome.

Home Care Path celebrates 5 years of successfully serving families in Wisconsin

Web site  https://homecarepath.sharepoint.com/Pages/default.aspx


 App  http://appsmakerstore.com/appim/j6kcdet8xvwk4s


Blog  http://homecarepathseniorcare.blogspot.com/

Family Pet Program https://homecarepath.sharepoint.com/Pages/FAMILYPETPROGRAM.aspx

 Home Care Path  www.homecarepath.com and the Wisconsin PATH ALONG model deliver an advanced supportive care service.  Helping seniors in the home, with clinic visits, at the hospital, nursing home and assisted living facility.  Helping seniors downsize with a move in to an adult child's home. 2015 rates are 20.00 per hour.  Simply call 608-432-4286 to schedule an interview.  We can be there when you are working.  We accept long term care insurance.  Services can be tax deductible.  Help with resources and the transition from private payment to public funded programming.  Valuing home and human life

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