Question: My mom suddenly needs to be in a nursing home. Should I spend down her assets so she qualifies for Medicaid? Answer: If you’re in a situation where your mother needs nursing home care, you ...
'I was born in a time when the elderly and disabled were hidden away in back bedrooms and institutions' "As technology advances, I find it more difficult to do things most people take for granted." ...
Many older Americans have both Medicare and Medicaid at the same time. When someone can claim both, they're known as dual-eligible beneficiaries. To qualify, you need to meet your state's Medicaid ...
Planning for long-term care is a crucial but often overlooked part of estate planning. Determining who will care for you and how that care will be paid for can be an uncomfortable conversation, yet it ...
I am my mother's caregiver. She is 93. Four years ago she added my name to her checking and savings accounts and added me as the beneficiary on her pension and IRA. If, by chance, she has to go into a ...
Dear Mr. Premack: If a marital property agreement exists and finances have not been co-mingled, can the assets of one spouse be considered when the other spouse needs to apply for Medicaid assistance ...
Long-term care and Medicaid planning are important considerations for families, especially during the holidays when they gather. Without proper planning, individuals may need to spend down most of ...
I need your advice on a decision that is financially and ethically one of the most difficult I’ve ever had to make. As a child of the 1960s, I was born in a time when the elderly and disabled were ...