“In layman’s terms, since only a home, a car used as transportation for medical care, and $2,000 in cash are exempt from Medicaid calculations, inheriting a large sum of money could disqualify your child for Medicaid and disability benefits.” Leigh Hilton
WHO GETS YOUR STUFF WHEN YOU DIE? BETTER QUESTION WHO TAKES CARE OF THOSE YOU CARE ABOUT WHEN YOU CAN’T?
“If your child has physical, emotional or mental challenges, careful estate planning is crucial. One of the most important reasons to create a proper estate plan is to preserve the child’s eligibility for government benefits and other programs. There are many things that could go wrong and jeopardize eligibility for those benefits. One of those includes beneficiary designations in retirement plans and other accounts. If these funds are left to children with special needs, it can have a dramatic unintended financial impact on those receiving needs-based government benefits.
For instance, if the child qualifies for Medicaid and receives aid to help with his daily living and medical needs. If your retirement funds or other accounts pass directly to your child, then receiving those assets may disqualify him or her for Medicaid benefits. In layman’s terms, since only a home, a car used as transportation for medical care, and $2,000 in cash are exempt from Medicaid calculations, inheriting a large sum of money could disqualify your child for Medicaid and disability benefits.”
Watch the video #leadingleaderspodcast 3-27-20
LEADING LEADERS PODCAST with J Loren Norris providing daily leadership video lessons promoting faith, family and freedom for Tell It Like It Is TV .
Blog & Online Courses - www.jlorennorris.com/resources
Copyright 2020 Tell It Like It Is, Inc. All rights reserved.
Insuperable Vision Workshop - Audio Download
Insuperable Vision Workshop - Audio Download with worksheets
Day after day I meet people who are struggling just to make ends meet. They are adrift in this vast sea of humanity holding on to their job, their family, their home, and their car with all they've got. They see their life experiences and education as the last hope to find their purpose and identity. They gather, fill and stuff all the money they can into every opportune investment. Yet they are empty, frustrated, angry and just plain fed up.
We have all experienced that moment; when we find yourself stuck in traffic, yelling at random strangers to do what they wish they could... but can't... GO!
The idea that life can be better than it is today is like the flame of a candle fighting for all its worth to stand against the tempest.
We all want a better life.
Even when life is good, we want more.
That idea, that flame, is the hope that lives in the hearts and minds of all of us. Should that flame be extinguished, hope itself may well go with it. It is the rut of hopelessness that traps many would be shining stars and buries that glow from the sight of the world. It is the rut of hopelessness that extinguishes that flame.
Lives that would have been a beacon to the wandering are lost at sea themselves. Inspirations of success that would have been the voices crying out to all who suffer are hidden away in their own stale lives, they cannot share who they are or what the world needs from them.
It is my passion to help you find your purpose. I want to see you become successful, but more than that to be free!
Without vision people perish.
Without vision, we seem to be lost, mind numb robots following the herd into the abyss that is everyday life. We do not live intentionally without a vision for our future. We do not live passionately without a vision for our future. We do not live productively without a vision for our future. We certainly cannot lead without a vision for our future and a vision for the future of those we lead.
This audio course will inspire and instruct you to create a vision which will become a significant driving force in your life.
Copyright 2019-2030 Tell It Like It Is, Inc. All rights reserved. Sharing is encouraged plagiarism is not.