Do you need a Miller Trust?
If a Texas Medicaid applicant and his or her spouse has too much income you might.
One of the requirements for Texas Medicaid Nursing Home Benefits is income eligibility. If an applicant has too much income they will not received Medicaid benefits. The Miller Trust is created to help an applicant reduce their income to the level required in order to obtain Texas Medicaid benefits.
How much income is too much?
It changes. For 2010 the income limit for a medicaid applicant is $2,022. If you have income that exceeds these limits your application for Texas Medicaid will be denied. The Miller Trust can solve this problem and reduce your income to the required level.
*Please note for Medicaid eligibility purposes gross income is examined, not net income. For Social Security payments, remember to add back in the Medicare deduction to find out if you are over the income limit.
What about assets?
A Miller Trust has no impact on assets, it only solves income issues. You may have significant asset protection options available if you contact us today. The biggest mistake I see from most new clients is waiting to begin the asset protection process. In some cases families end up spending tens of thousands of dollars they may have been able to protect with legal advice before they contact me. Don’t let that happen to you.
When should you start?
When dealing with nursing home costs the sooner you start the better. Delays in establishing eligibility for Texas Medicaid benefits increase the risk of gaps in coverage which may leave a family member on the hook for the costs. At the latest you should begin the process in the month you apply for Texas Medicaid benefits. Starting earlier may save you a month or two of un-reimbursed nursing home bills.
What does it cost?
I prepare Miller Trusts only for Texas residents applying for Texas Medicaid benefits. This Miller Trust is prepared by an attorney and is valid for Medicaid applications in every part of Texas. The legal fee for a Texas Miller Trust is $550. Visitors to TexasTitle19.com receive a 10% discount for a total fee of $500. This is an online only offer. Office consultations are $50 per half-hour.
How long does it take?
In most cases, Miller Trusts are completed within one week of when the required information is received.
How do you start?
To get started fill out the form below and I will contact you shortly thereafter, or call The Shea Law Firm at (832) 426-3913. Please be sure your email address and phone number are correct.
