We’ve all heard that it’s better to give than to receive, but if you think you might someday want to apply for Medicaid long-term care benefits, you need to be careful because giving away money or property can interfere with your eligibility. Under federal Medicaid law, if you transfer certain assets within five years before…
How Gifts Can Affect Medicaid Eligibility Read More »
Every New Year is a new opportunity. It’s a chance to get all your affairs together and enjoy a comfortable year. The beginning of the year is a great time to talk to somebody about your plans for the future whether it be next month, next year, or the future of your family well beyond
Happy New Year 2019! Read More »
Changes Made to VA Pension Plans During the Fall of 2018, the Department of Veterans Affairs has published new rules regarding needs-based, non-service related benefits for veterans and their spouses. These new rules have been in place since October of this year. These benefits provide monthly monetary assistance and means-tested pensions to needy veterans whom
2018 Changes to VA Pension Laws Read More »
Medicare is supposed to provide up to 35 hours a week of home care to those who qualify, but many Medicare patients with chronic conditions are being wrongly denied such care, according to Kaiser Health News. For a variety of reasons, many home health care agencies are simply telling patients they are not covered. Medicare
Home Health Care Patients With Chronic Conditions Are Having Trouble Getting Medicare Read More »
Being prepared for retirement is an important part of every American’s economic plan. Whether they are in their 30s or they were born in the 30s. If you are older, the chances are you’ve got some kind of plan in terms of financial stability, and when that’s the case it’s important to know the law
Retirement planning and laws. Read More »
May is recognized as Older Americans Month, and there is no better time than the month of May for older Americans to make sure that they know the law surrounding their assets and estates. With age comes the rising likelihood that somebody might try and take advantage of you or your estate—fraud can be hard
Know Your Rights This Older Americans Month Read More »
Every year, every month, possibly everyday caregivers, financial advisors, and faux medical “professionals” are taking advantage of the elder community in America. For many older Americans, the myriad of options when it comes to financial and medical advisement—and it only becomes more and more cluttered every year. The oldest among us lose over a billion
Be Smart About Scammers and Fraud Read More »
The Medicaid qualification and application process is extensive and requires you to jump through many hoops, check a lot of boxes, and cross a lot of Ts. You need to know all of your information, how to express the facts in a way that best presents you and your needs, and how not to miss
We Help You With Medicaid Qualification Read More »
Arc Herkimer’s Circle of Friends will help you plan for the long term, securing your personal financial wellness. Come to a FREE workshop on Long-Term Care Planning and Addressing Your Personal Financial Wellness. The event is sponsored by the Arc Herkimer’s Circle of Friends. People with expertise in their fields will be helping educate attendees
Long Term Care Planning Educational Workshop by Arc Herkimer Read More »
Sometimes seniors find themselves owing past-due federal taxes they cannot afford to pay. Although notices from the IRS can be especially frightening, there are solutions. If the sum owed is less than $50,000, the IRS will accept monthly payments over five years. For example, if $6,000 is owed to the IRS, monthly payments of around
Owe Back Taxes? The IRS May Grant You Uncollectible Status Read More »
