Important Medicaid Numbers

 

 

The following relevant Medicaid numbers apply as of July 2014:

Divestment Penalty Divisor – $7,638.00

Income Cap – $2,163.00

Individual Resource Allowance – $2,000.00

Monthly Personal Needs Allowance – $105.00

Community Spouse Resource Allowance – $117,240.00

Minimum Monthly Maintenance Needs Allowance – $1,966.00

Maximum Monthly Maintenance Needs Allowance – $2,931.00

Shelter Standard – $590.00

Standard Utility Allowance – $335.00

Resource Allowance for a Couple (Husband and Wife both in facility) – $3,000.00

 

 

 

Carol J. Wallace

Carol J. Wallace

Carol Wallace has dedicated her career to serving the legal needs of seniors. Carol practiced many years in Alabama before relocating to Florida in 2008. She is certified as an elder law attorney by the National Elder Law Foundation in 1996. She was the first attorney in Alabama with this distinction.

Carol was a partner in the Elder Law Firm of Glass & Wallace, P.C. with offices in Huntsville and Decatur, Alabama, from 1997 to 2009. That law firm was the first in Alabama dedicated to serving the legal needs of seniors.
Carol J. Wallace

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About Carol J. Wallace

Carol Wallace has dedicated her career to serving the legal needs of seniors. Carol practiced many years in Alabama before relocating to Florida in 2008. She is certified as an elder law attorney by the National Elder Law Foundation in 1996. She was the first attorney in Alabama with this distinction.

Carol was a partner in the Elder Law Firm of Glass & Wallace, P.C. with offices in Huntsville and Decatur, Alabama, from 1997 to 2009. That law firm was the first in Alabama dedicated to serving the legal needs of seniors.