When family members become caregivers, it can be emotionally and financially challenging. However, a Long-Term Care (LTC) Medicaid Compliant Caregiver Agreement can provide a viable solution. This agreement allows a family member to be compensated for caregiving services without jeopardizing Medicaid eligibility—even during Medicaid’s look-back period.

What is it?
A Medicaid Compliant Caregiver Agreement is a legal contract that lets a family member (other than a spouse) receive payment for caregiving services. This arrangement ensures that Medicaid will accept the care provided as legitimate, preventing the payments from being viewed as disqualifying asset transfers. The agreement, however, excludes spouses, since Medicaid considers marital assets as jointly owned.

Why Consider a LTC Medicaid Compliant Caregiver Agreement?

1. Financial Relief for Caregivers: Family caregivers often sacrifice their own time and finances. These agreements allow them to receive fair compensation.
2. Medicaid-Friendly: A formalized arrangement helps avoid penalties, protecting Medicaid eligibility for the person receiving care.
3. Personalized Care: The agreement ensures that a trusted family member can deliver tailored care.

Don’t leave your family’s future to chance. Learn more about the benefits of trusts and how they can help you secure a positive financial future for your children or grandchildren.

For a Medicaid compliant caregiver agreement that meets all requirements, consulting an elder law attorney is crucial. To explore this option, schedule a free consultation by calling 1-888-999-6600 or visiting mcelderlaw.com/scheduling.
 

Greg McIntyre 

Estate Planning Attorney

McIntyre Elder Law

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