Yes, we are open.
However, we have made changes to how we conduct business in order to keep our clients and staff safe and healthy.
Clients are asked to come to our office by appointment only.
For all scheduled appointments, a member of our office will let you into the building and direct you into a conference room on the first floor. The conference room surfaces, including door knobs, etc. will be cleaned with disinfectant between appointments. We ask that clients bring a pen to all in-office appointments.
… Read the rest
Clients will be given the option to schedule a phone conference, or convert a current in-office
For the majority of Americans, most net worth is held in the home and/or tax deferred retirement accounts. Estate planning for the home was covered in our previous post, http://www.perlalaw.com/blog/estate-planning-for-your-home-simple-will-transfer-on-death-affidavit-or-revocable-trust/. This post will focus on planning for tax deferred retirement accounts.
What is a Tax Deferred Retirement Account?
A tax deferred retirement account is a financial account where your contributions can grow tax deferred until they are withdrawn. Traditional IRAs, Annuities and 401(k)’s… Read the rest
The Law Offices of Randall M. Perla, Cleveland attorneys practicing in estate planning, family law, elder law, including Medicaid Planning, and Probate are offering three free guides.
- Estate Planning Guide- Estate Planning can seem an intimidating process for some. It need not be. This guide will walk you through the estate planning consultation and basic documents.
- Medicaid Planning Guide- Given the cost of long term care, Medicaid planning is an essential component of any estate plan for the elderly or disabled.
… Read the rest
- Probate and Estate Administration Guide- Dealing with the loss of a loved
What is MAGI-Based Medicaid Eligibility?
MAGI stands for Modified Adjusted Gross Income. The MAGI Medicaid program started January 1, 2014 under the Affordable Care Act (ACA). It established a uniform approach to determining a person’s household size and income for purposes of Medicaid Eligibility.
Who Can Qualify for MAGI-Based Medicaid?
MAGI-Based Eligibility applies to singles, married couples, families with children 19 and under and children up to the age of 19.
It does not apply to the elderly or people who qualify for Medicaid based on disability. The elderly and disabled fall under… Read the rest
Ohio Governor John Kasich’s 2016-2017 proposed budget calls for a number of changes to Ohio Medicaid that will effect current and future Medicaid recipients.
Good News for Ohio’s Disabled
Currently, an individual deemed disabled and granted Supplemental Security Income (SSI) by the Social Security Administration (SSA) must complete a separate application to qualify for medical coverage under Medicaid. Under the proposed plan, Ohioans who are granted SSI based on disability will automatically be enrolled in Medicaid.
No More Spend Down Program
Ohio intends to eliminate its spend-down… Read the rest