Restructure Assets to Qualify for Medicaid
Several types of special income trusts and other strategies can be helpful, when trying to protect your family’s assets from the devastating costs of long-term care.
December 29, 2021
Ways to reduce Financial Elder Abuse
The financial exploitation of elderly people comes at a great cost: It costs victims as much as $36.5 billion each year, according to the National Council on Aging. It can also be more difficult to detect than physical abuse and neglect because it’s often done by family members, trusted friends and caregivers.
December 17, 2021
When should You Consult an Elder Law Attorney?
Here’s what you need to consider, when looking to hire an elder law attorney.
December 7, 2021
Protect Loved Ones from Financial Elder Abuse
Recent studies estimate that 39.6% of Americans 65 years of age or older are victims of financial abuse.
October 11, 2021
What Should Women Know about Long-Term Care?
Women face unique challenges as they age. According to the Population Reference Bureau, a Washington-based think tank, women live about seven years more than men. Living longer means planning for a longer retirement.
September 23, 2021
Choosing between Assisted Living or Memory Care
Learn about two common senior living types—assisting living and memory care—and how to determine the best care for your elderly parent or spouse.
September 8, 2021
Women should plan for Long-Term Care
Who needs long-term care insurance … and who might be able to do without it?
August 13, 2021
Protect Assets and maintain Medicaid Eligibility
The bill for long-term care adds up fast. The annual median cost for a private room in a nursing home was $105,850 in 2020, according to Genworth. The government could pick up these costs if you qualify for Medicaid, but that’s easier said than done.
June 17, 2021
Can I Be Paid as a Caregiver?
Your chances of getting paid to be a family caregiver are best if you are caring for a U.S. military veteran or for someone eligible for Medicaid, but other possibilities exist.
June 9, 2021
Address Finances if Diagnosed with Alzheimer’s
If a person close to you has been diagnosed with Alzheimer’s disease, it may be time to address some serious financial questions.
May 6, 2021