Preventing Medicaid Penalties
In order to receive federal assistance through the Medicaid program for nursing home care, assisted living, in-home care, or adult foster care, an individual must meet the income and asset threshold requirements. Due to these rules, many candidates have to give away their money and resources to qualify. Medicaid administering agencies review all individual financial […]
Why an Elder Law Attorney Is Critical When Planning
If there is an aging loved one in your life or you have personal concerns about future health and finances, an elder law attorney can be a valuable resource for planning. Elder law is a highly specialized area of law focusing on the legal needs of older adults encompassing more significant issues like long-term health […]
Avoid These Common Mistakes When Planning for a Disabled Family Member
The largest single minority in the United States consists of 58 million individuals five years of age or older that are identified as special needs. The majority of federal and state benefits available to help persons with disabilities are needs based, meaning income and assets are strictly limited and can often by misinterpreted, resulting in […]
Seniors Face Long-Term Care Costs with 8 Trillion Dollars in Home Equity
The need for affordable long-term support services has seen a dramatic increase. Whether you struggle to pay premiums for a long-term care insurance policy or monthly bills from a nursing home, costs all around are exorbitantly expensive. The US Department of Health & Human Services (HHS) finds that Americans aged 65 or more have a […]
Being a Caregiver For a Family Member With Alzheimer’s
In 2020, a significant portion of the American baby boomer generation has reached the age of 65 or older, which increases their risk for Alzheimer’s and other forms of dementia diseases. By the year 2030, the 65 plus age segment of the population will increase substantially, accounting for over 20 percent of the American people. […]