The Service Tree lists all services in "branched" groups, starting with the very general and moving to the very specific. Click on the name of any group name to see the sub-groups available within it. Click on a service code to see its details and the providers who offer that service.
Home and Asset Protection
Programs that provide information for people who need to understand the options that are legally available to help them protect the assets of a spouse or child with a disability when a family member has a catastrophic illness and needs to have access to Medicaid to meet the expenses. Planning techniques may include spending down assets (e.g. purchasing an automobile or paying off the mortgage on a home), paying family members to provide care for the individual, separating a couple's assets to ensure that the healthy spouse does not become impoverished, transferring assets within legal timeframes, establishing joint tenancy accounts, purchasing annuities and other similar actions.
Programs that make an arrangement which allows older adults who have equity in their homes to obtain cash from their homes without selling them in order to pay for home health care and other needed services and avoid institutionalization (or to use for other purposes). The individual may either obtain a reverse annuity mortgage which provides an annual income for the individual and may also include a lifetime tenancy, or sell and lease back his/her home on a basis that guarantees lifetime tenancy. The institution providing the annuity receives title to the house or cash from the sale only when the older person dies or moves away. In the sale-leaseback arrangement, the title to the house is transferred to the lender immediately. Most of these programs provide counseling regarding the general benefits of reverse mortgages, and some may evaluate an individual's personal financial situation and recommend a reverse mortgage if it would be to the person's advantage.