Medicare open enrollment is on the horizon. Now is the time to start thinking about any changes you may want to make to your Medicare coverage. Thanks to the Inflation Reduction Act, some significant changes have come along for Medicare and more will take effect in...
Seniors who need assistance with everyday activities such as dressing, bathing, and eating are eligible for Medicaid Long-Term Services and Supports (LTSS). Unfortunately, hundreds of thousands of people who qualify for these services – but wish to receive them in...
Elder law is a specialized area of legal practice that focuses on issues affecting the elderly, those with a disability, and their families. This field encompasses a wide range of practice areas, including: Estate Planning and Administration: Creating wills, trusts,...
Medicaid is the single largest health care provider in the United States, covering more than 75 million individuals, including 7.2 million seniors. The program is also Americans’ primary source of long-term care coverage. Jointly financed by the federal government and...
Since the 1960s, Medicaid has provided health care coverage for low-income people across the United States. For millions of seniors, Medicaid offers financial assistance, helping them to cover the cost of long-term care services. Today, this joint federal-state...
Whether a revocable living trust is right for you depends on various factors related to your personal situation and estate planning goals. Here are some considerations to help you determine if a revocable living trust might be beneficial: 1. Avoiding Probate If you...
A free and secure online account can be used to manage Social Security benefits. Account users can also check application status, request a replacement Social Security card, and view notices online. By 2022, more than 64 million people had a my Social Security...
If you win a personal injury lawsuit, you may receive your award in a lump sum or as a structured settlement. With a structured settlement, you will receive payments over time; you may opt for a substantial initial amount, with lesser succeeding payments to provide...
Many people associate estate planning as a task to be completed when one is wealthy, old, or both. In reality, estate planning should be done for everyone at the onset of adulthood – which is age 18. This will ensure that a person is protected (and wishes met)...
For Medicaid purposes, certain assets are considered exempt (or non-countable) when determining eligibility. It can be valuable to be aware of such exemptions prior to the immediate need for long-term care. These exemptions can vary by state, but generally, the...
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