CSG is happy to announce the addition of two new members to our team, Kristina Miller and Anna Marley. Kristina joins our team as an associate attorney. Kristina graduated from William Mitchell College of Law and is licensed in Alaska and New York. Anna joins our team as a paralegal/legal assistant. Anna has over 20 years of experience in the legal field. We are excited to welcome them to the CSG family. ... See MoreSee Less
CSG, Inc. with Robert Groseclose at Lavelle's Bistro.
We recently had the honor of celebrating Barbara Schuhmann's 40th anniversary with the firm! Barbara is an amazing attorney, friend and co-worker. Barbara has been in private practice for 40 years and she's still going strong! CONGRATULATIONS, BARBARA! ... See MoreSee Less
Teresa Horner FroggeHappy Anniversary Barbara! I fondly remember my days as your secretary and paralegal (way back in the '80s)4 months ago
The Financial Dilemma: Long Term Care and Medicaid
By: Danielle M. Gardner, Attorney and Partner at CSG, Inc.
Rising health care coverage costs and the aging population of Alaskans have resulted in many individuals needing assistance with their long term care needs. Reaching the magic age of 65 is not a guaranty that Medicare will cover all your health costs, despite the fact that you have paid Medicare taxes for years. Regardless of age, most people who need long term care are advised to apply for Medicaid.
Over and over we hear from clients that they have been advised to apply for Medicaid by hospitals, nursing homes and caregivers, only to be shocked to find out that they do not qualify because they make too much money or have too many assets. What is one to do when they cannot pay for care, but cannot qualify for Medicaid? Their first instinct is usually to give away their assets to their children. DO NOT DO THIS! You cannot give your assets away to qualify for Medicaid. If you do, in most cases you will be assessed a penalty (ineligibility period). When applying for Medicaid you must report all gifts you have made for five years. So giving away assets is not a Medicaid planning solution.
Medicaid has two financial eligibility requirements: income and resources. To receive Medicaid, you must qualify under both the income and resource tests. The income limit is $1,656 per month. The resource limit is $2,000 in non-exempt assets owned by the Medicaid recipient. Medicaid also has resource limits on the spouse of the Medicaid recipient. The law allows for some planning steps to be taken in certain circumstance to allow one to qualify for Medicaid, but they should be done with legal assistance, as each individual’s circumstances are different.
If you have questions about Medicaid qualification or need assistance with any of your legal needs, please contact CSG, Inc. at 907-452-1855 to schedule an appointment. ... See MoreSee Less
CSG, Inc. shared Kitchen Vixen's photo — with Cassandra Tilly.
Our gorgeous cookies made by Jen Krzmarzick Kitchen Vixen for the Opera Fairbanks 2016 Opera Ball this Saturday, September 10! ... See MoreSee Less