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News You Can Use
New Year - New Numbers!

Essential Elder Law and Estate Planning Numbers for 2009!
 
Greetings!
 

Medicaid:
Community Spouse Resource Allowance (spouse living in the community) can keep $109,560.

Income Cap:
$2022. Beyond that level of income for the applicant, must do a Qualified Income Trust.

Gift Taxes:
Annual exemption increases from $12,000 to $13,000. This has nothing to do with gifts for Medicaid purposes where all gifts made can create a penalty period.

Medicare Premiums:
Unchanged from $96.40. (A new year miracle!)

Food Stamps:
Assets not in excess of $2000 and income of less than $1127 per month.

 
Sincerely,
 
Alice Reiter Feld
Law Offices of Alice Reiter Feld 
 
Act Today!
Contact Laurette at Laurette@Florida-Elderlaw.com or 954-726-6602 for your free
Consumer's Guide to Medicaid, Asset Protection and Long Term Care.  

Please visit us at www.Florida-Elderlaw.com
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