When applying for Medicaid’s long-term care coverage, in addition to the strict income and asset limits, you must demonstrate that you need a level care typically provided in a nursing home.
What It Means to Need ‘Nursing Home Level of Care’ for Medicaid Eligibility Read More »
When the SSA closed its offices at the onset of the COVID-19 pandemic, it failed to provide practical ways for the elderly and people with disabilities to demonstrate their eligibility or challenge its decisions, according to a class-action lawsuit.
Rising inflation due to the ongoing coronavirus pandemic means that in 2022, Social Security benefits will go up 5.9 percent, the sharpest upsurge since 1983.
In 2022, Social Security Beneficiaries Will See the Biggest Increase in 39 Years Read More »
By James S. Rizzo, Esq.* “Marcia, Marcia, Marcia!” – The Brady Bunch (1969-1974) Anyone who ever grew up with or saw The Brady Bunch will recall the trials and tribulations of America’s most famous blended family. What seemed like a rather novel concept in the 1970s is of course commonplace today. According to a recent
Blended Families and Your Estate Plan Read More »
While it is preferable to conduct long-term care planning well in advance of needing care, if you haven’t planned ahead, there are some strategies available to avoid spending all your assets.
Better Than No Loaf: Medicaid Planning Using “Half a Loaf” Strategies Read More »
Individuals who are researching nursing homes can now see staff and resident vaccination rates along with other quality and safety measure information at Medicare’s Nursing Home Compare website.
COVID Vaccination Information Added to Medicare’s Nursing Home Compare Site Read More »
By James S. Rizzo, Esq.* “What’s in a name?” – William Shakespeare To answer Shakespeare, “Everything!” Many people may not associate naming beneficiaries on insurance and financial documents as “estate planning” because it usually does not involve a visit with an attorney. However, what is normally the easiest form of estate planning is often neglected
5 Reasons To Keep Your Beneficiaries Up to Date Read More »
By James S. Rizzo, Esq.* “Out of crisis comes clarity.” – Randolph O’Toole I’m sure by now most people have had their fill of quarantine, health fears and/or much worse, having to deal with a loved one who has fallen ill or passed away during this pandemic. Many feel anxiety about the real or perceived
5 Estate Planning Documents to Consider in the Wake of COVID-19 Read More »
The Social Security trustees are projecting that the Social Security trust fund will be depleted in 2033 — one year earlier than the previous estimates. Once the fund is depleted, Social Security benefits will be reduced unless Congress takes action.
Social Security Shortfalls Are Predicted to Begin a Year Earlier Due to the Pandemic Read More »
Every year during Medicare’s Open Enrollment Period, which runs from October 15 to December 7, Medicare gives beneficiaries a window of opportunity to shop around and determine if their current Medicare plan is still the best one for them.
It’s Medicare Open Enrollment Time: Is Your Plan Still Working for You? Read More »