DOMA, Medicaid, and Asset Transfers

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DOMA, Medicaid Asset Transfer Rules
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The Supreme Court ruled gay marriages are legal
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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
4
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
5
The Social Security Administration (SSA) and the
Veteran's Administration (VA) have begun issuing
guidance for same-sex marriages
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Spouses of same sex military veterans may also
collect veteran's spousal benefits
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There remain some inconsistencies
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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
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As a result, those claims are in a state of
suspension
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The Veteran's Administration is now providing
benefits to spouses in same sex marriages, as
well
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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
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A nursing home resident must spend down to 2,000
- depending on which state the resident resides
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The spouse not in the nursing home, referred to
as a community spouse is entitled to keep
110,000
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• For couples not married, the asset limitations
  aren't applicable

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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
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Learn More About DOMA, Medicaid Asset Transfer
Rules in Vermont
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Click to visit www.UnsworthLaw.net