As you age, the likelihood of needing help with daily living activities, whether through home care assistance, assisted living, or nursing home care, increases significantly. Long-term care is expensive, so paying for care out of pocket can easily drain a lifetime of savings in a matter of … [Read more...] about Can I Still Receive Income From a Medicaid Trust?
Medicaid Planning: Does Life Insurance Value Count?
We are going to look at the question of life insurance value and Medicaid eligibility parameters in this post. But before we drill down to that specific topic, we will take a broader look at Medicaid planning for senior citizens to provide context. Long-Term Care Costs The majority of seniors will … [Read more...] about Medicaid Planning: Does Life Insurance Value Count?
Medicaid Waiver for Aging in Place: A Comforting Plan
Aging in place is a term that refers to the ability of older adults to live independently in their own homes or communities for as long as possible. It is a concept that has gained popularity in recent years, as more and more people are living longer and want to maintain their independence and … [Read more...] about Medicaid Waiver for Aging in Place: A Comforting Plan
Sandwich Generation Juggles Responsibilities
Sandwich Generation: What Exactly Is It? There is a very interesting phenomenon unfolding in the United States at the present time. During the period after World War II between 1946 and 1964, there were an inordinate number of babies born. This is called the “baby boom,” and if you do the math, you … [Read more...] about Sandwich Generation Juggles Responsibilities
Elder Law Attorneys: Roles and Responsibilities
As an elder law and estate planning firm, we help people prepare for the eventualities of aging. If you start to develop a retirement plan at the right time with full knowledge of all relevant factors, you can enjoy your golden years with security and comfort. Let’s look at the most important … [Read more...] about Elder Law Attorneys: Roles and Responsibilities
An Overview of 2023 Medicare Out-Of-Pocket Costs
As elder law attorneys, we keep a finger on the pulse of government benefits for seniors, and Medicare is one of them. In this post, we are going to share some information about the 2023 Medicare out-of-pocket costs, because they have been adjusted as they are every year. Four Distinct … [Read more...] about An Overview of 2023 Medicare Out-Of-Pocket Costs
