Medicaid planning is often a complex process aimed at preserving a person’s assets while qualifying for Medicaid benefits. Finding a way to pay for long-term care costs without depleting all your hard-earned assets is a key part of Medicaid planning. One strategy for...
The Social Security Administration (SSA) has published a final rule simplifying and expanding its rental subsidy program for Supplemental Security Income (SSI). Effective September 30, 2024, the new rule is likely to allow more people to qualify for SSI. In addition,...
Question: My husband has no assets in his name; everything is in my name. His only income is Social Security. He has long-term care insurance that will last approximately six years. Would he be eligible for Medicaid at that point? (And are my assets protected?)...
The prospect of long-term care often brings with it many financial concerns. As we experience our declining health or that of an aging family member, we begin to realize that long-term care needs at home or in a facility could be necessary. When looking into local...
Probate is the legal process of formally recognizing a will after a person dies, naming or validating an executor to administer the estate, and distributing assets to intended beneficiaries. It also requires paying the decedent’s outstanding debts and federal and...
Understaffing threatens the nation’s 1.2 million nursing home residents. Residents who do not receive the care they need can experience falls, dehydration, malnutrition, and bedsores. They are also more vulnerable to abuse and neglect. A historic nursing shortage is...
Recent Comments