by Samantha Shepherd | Nov 26, 2019 | Elder Law
In 1989, the price of a movie ticket was $4 and a gallon of gas cost a dollar, on average. That same year, Congress raised the amount of money that recipients of Supplemental Security Income (SSI) could retain without losing their eligibility to $2,000. While the...
by Samantha Shepherd | Nov 22, 2019 | Elder Law
Yes, that could happen. The Medicaid agency no doubt has a claim against the house for the cost of the care it paid for your mother. If that cost exceeds the value of the house, then all of the net proceeds after the costs associated with selling the house will be due...
by Samantha Shepherd | Nov 18, 2019 | Elder Law
People with disabilities are frequently denied consideration for heart, kidney, liver and other organ transplants, according to the primary agency that oversees federal disability rights policy. “Organ transplants save lives. But for far too long, people with...
by Samantha Shepherd | Nov 18, 2019 | Elder Law
After small or no increases the past couple of years, Medicare’s Part B premium will rise in 2020. The basic monthly premium will increase $9.10, from $135.50 a month to $144.60. The Centers for Medicare and Medicaid Services (CMS) announced the premium increase on...
by Samantha Shepherd | Nov 13, 2019 | Elder Law
The Internal Revenue Service (IRS) has announced the amount taxpayers can deduct from their 2020 income as a result of buying long-term care insurance. Premiums for “qualified” long-term care insurance policies (see explanation below) are tax deductible to...
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