We are sorry to hear about your loss. There are two kinds of potential financial responsibility: personal responsibility where you would have to pay from your own funds and responsibility on behalf of your mother to pay from her funds. You would only have personal...
In some circumstances, immediate annuities can be ideal Medicaid planning tools for spouses of nursing home residents. Careful planning is needed to make sure an annuity will work for you or your spouse. An immediate annuity, in its simplest form, is a contract with...
The Centers for Medicare and Medicaid Services (CMS) has released its Spousal Impoverishment Standards for 2021, confirming the earlier projections of Pennsylvania ElderLawAnswers member Robert Clofine, who based his estimates on the consumer price index for urban...
Medicare premiums are set to rise a modest amount next year but still cut into any Social Security gains. The basic monthly premium will increase $3.90, from $144.60 a month to $148.50. The Centers for Medicare and Medicaid Services (CMS) announced the premium and...
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