You may be afraid of losing your home if you have to enter a nursing home and apply for Medicaid. While this fear is well-founded, transferring the home to your children is usually not the best way to protect it. Although you generally do not have to sell your home in order to qualify for…
The Centers for Medicare & Medicaid Services (CMS) has released the 2020 federal guidelines for how much money the spouses of institutionalized Medicaid recipients may keep, as well as related Medicaid figures. In 2020, the spouse of a Medicaid recipient living in a nursing home (called the “community spouse”) may keep as much as $128,640
Feds Release 2020 Guidelines Used to Protect the Spouses of Medicaid Applicants Read More »
The Centers for Medicare & Medicaid Services (CMS) has released the 2020 federal guidelines for how much money the spouses of institutionalized Medicaid recipients may keep, as well as related Medicaid figures. In 2020, the spouse of a Medicaid recipient living in a nursing home (called the “community spouse”) may keep as much as $128,640
Feds Release 2020 Guidelines Used to Protect the Spouses of Medicaid Applicants Read More »
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 »
If you are nearing your 50s without a post-retirement plan, this is an opportunity to plan judiciously and start saving for your retirement. Here are five strategic steps for achieving this.
Five Tips for Starting Retirement Planning in Your 50s Read More »
Be prepared. Be protected As we age and our assets accrue, the need to protect that which belongs to us and our loved ones becomes more and more pronounced. There is an increasing trend in America of individuals and institutions taking advantage of the aged community and exploiting them for money or possessions. It is
CFPB Findings on Elder Financial Exploitation 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 »
