DOMA, MEDICAID & ASSET TRANSFER RULES

THE SUPREME COURT RULED GAY MARRIAGES

ARE LEGAL

That, along with the new healthcare laws that are soon to be in full effect,

there's a lot to take in when it comes to asset transfer rules, benefits, estate planning and, of course, Medicaid

That, along with the new healthcare laws that are soon to be in full effect,

there's a lot to take in when it comes to asset transfer rules, benefits, estate planning and, of course, Medicaid

The Social Security Administration (SSA) and the Veteran's Administration (VA) have begun issuing guidance for same-sex marriages

Spouses of same sex military veterans may also collect veteran's spousal

benefits

There remain some INCONSISTENCIES

Claims are still being held by Social Security offices for some who were legally married, but who lived in states where their

marriages weren't recognized

As a result, those claims are in a

STATE OF SUSPENSION

The Veteran's Administration is now providing benefits to spouses in same sex marriages, as well

Department of Health and Human Services announced it too would allow states to

extend the long term care protections to those in same sex marriages and

partnerships

A nursing home resident must spend down to $2,000 - depending on which state the resident resides

The spouse not in the nursing home, referred to as a “community spouse”

is entitled to keep $110,000

For couples not married, the asset limitations aren't applicable

The partner not in the nursing home will keep all of his or her assets with no fears of jeopardizing a partner's medical treatment

Learn More About DOMA, Medicaid & Asset Transfer Rules

in Vermont

Click to visit:

www.UnsworthLaw.net