Bernard J. Powers’s Answers

Bernard J. Powers

Racine Estate Planning Attorney.

Contributor Level 3
  1. For purposes of Medicaid in Wisconsin, what assets are exempt?

    Answered 10 months ago.

    1. Devin Malane Pauli
    2. Bernard J. Powers
    3. Edward Fossum Hooper
    4. Lawrence A Friedman
    4 lawyer answers

    I agree with Attorney Pauli. Each individual situation is unique, therefore I encourage you to seek the advice of an elder law attorney.

    6 lawyers agreed with this answer

  2. Wisconsin Resident concerned about going into a nursing home.

    Answered 10 months ago.

    1. Carol J. Wessels
    2. Bernard J. Powers
    3. Devin Malane Pauli
    4. Jason Todd Studinski
    5. Edward Fossum Hooper
    6. ···
    6 lawyer answers

    Maybe. In Wisconsin the principal residence is a conditional exempt asset. If a Medicaid recipient goes into a nursing home and expresses the intent to return to the residence or has a community spouse (spouse not receiving benefits), disabled or blind child living there, the State may not make you sell your home. Every situation is unique and there are many factors that affect this answer. There may also be planning strategies available to help you. I encourage you to seek the advice of...

    3 lawyers agreed with this answer