"You've worked hard for what you have. We work hard to help you keep it."
• Try our ONLINE
TEST and see
• Free Quick Reference PDF
• Frequently Asked Questions
• Request more information
• Contact us
Call 866-755-0620
for a
Free Phone Consultation!
©Copyright 2009 Medicaid Information Resource 2629 McCormick Dr, Suite 101, Clearwater, FL 33759
MIR offers financial planning services designed to help elderly clients preserve their assets in safe investments so they may qualify for government financial assistance programs. MIR charges fees to assist elderly clients in submitting Medicaid applications, and we may receive commissions for annuities structured in the planning process. In 7 years filing Medicaid applications, we have never had an application denied.
We are not attorneys and do not offer legal advice or draft any legal documents. The decision to hire MIR is in no way equivalent to or a substitution for an attorney.
Our
Service
Medicaid Information Resource (MIR) is a privately held Financial Planning company based in Florida. Since 2001, we have served elderly clients by preserving their assets in safe investments so they can qualify for government financial assistance (Medicaid). MIR may also assist families with the submission of the Medicaid application, and we charge fees for this service. In restructuring the elderly person’s assets to qualify, we frequently recommend that annuities be established. We receive commissions from insurance companies for any annuities established as a part of the planning process. Since the inception of the company, we have not had a single Medicaid application denied. Since filing Florida Medicaid applications is the sole focus of our work, we have developed deepened skills in this area.
How we work
MIR offers a free telephone consultation to all prospective clients. Usually we are contacted by a family member. In this initial conversation we learn about the nursing home resident and their family. We also gather facts about the Medicaid applicant’s finances to get a snapshot of their situation. Then we will preview some strategies that could help to preserve the assets and qualify them for Medicaid sooner. Usually the family member learns some valuable information in this very first phone call. Specifically, here are some of the matters we assist families with:
• Educating the family about an Irrevocable Income Trust. This Income Trust can be helpful when the applicant’s income exceeds Medicaid’s limits
• Helping the community spouse receive the maximum amount of income possible
• Restructuring assets to preserve them
• Alleviating an “Ineligibility Period” caused by prior gifts
• Discussing issues related to other real property (land and rental property).
How we are compensated
MIR is compensated in two ways.
1. At the family’s request, we can assist the family by filing the Medicaid application on behalf of the applicant. In doing this, we charge the family an application fee for organizing, completing and submitting the Medicaid Application for the nursing home resident. Because of our experience with the Medicaid Application Process and our 100% track record of success, many families hire us to file their application. Given the time, effort and complexity involved, many clients feel that our fee for organizing, completing and submitting the application is reasonable and competitive.
2. Oftentimes, financial products may be implemented as a part of the planning process. We can earn commissions from financial institutions for placing the elderly person’s assets into financial products. Sometimes additional fees may be assessed depending on the complexity of the individual family plan.
