(West Palm Beach, Florida) October 2, 2018
Mark Shalloway of West Palm Beach elder law firm, Shalloway & Shalloway, is pleased to announce the latest addition to their website’s informational blog. Shalloway uses the blog to keep his clients up to date with recent changes in the field, as well as to offer tips and tricks to help make lives easier.
In his newest post, Shalloway addresses frequent questions about income trusts and Medicaid that many have. Income trusts through Medicaid are frequently utilized to offer middle-class Floridians the assistance they need to provide their loved ones in-home and/or nursing home care. The topic can be confusing to many, but Mark Shalloway breaks down a few common questions in an easy to digest format that helps clears the air.
The publication confirms that, no, not all earned monthly-income goes into the trust. The limit depends on the amount of money a person makes, as well as which program they are applying for. He informs the public that income goes into a retirement account, VA pension, and social security. The money can be used for certain expenses as a sort of monthly allowance. With these answers out in the open, Medicaid doesn’t seem as intimidating of a topic.
The staff at Shalloway & Shalloway are always doing what they can to ensure that their past, present, and future clients are as educated in the field as possible. Educated people make educated decisions, which are vastly important when dealing with the future of our elderly loved ones. Legal expert, Lucero Nunez, commends Mark Shalloway and his team for their dedication to not only the field, but the people.
“Mark Shalloway goes the extra mile,” he says. “Where many attorneys turn the other cheek and let their clients figure things out on their own, Shalloway is there. His dedication to his clients and their families makes a long-lasting impact in the lives of many.”
For more information on Mark Shalloway, his firm, and elder law, visit their website and their offices.