When you plan your estate, you work with an estate planning attorney to devise a strategy for transferring your assets after you pass away. However, if you want to be comprehensively prepared for the future, you should consider the eventualities of aging. For many, Medicaid planning is part of the equation. Living Assistance It can […]
Elder Law
Can a Trust Be Used to Complete a Medicaid Spend Down?
Medicare will help with your medical expenses when you reach the age of eligibility if you qualify, but the program will not pay for long-term care. This is a problem for most people, because long-term care is quite expensive. The average stay could cost over $200,000 in many areas of the country. Medicaid is the […]
Does Medicaid Pay for In-Home Care?
Long-term care costs are a major elder law concern. According to the United States Department of Health and Human Services, 70 percent of people turning 65 will need living assistance eventually. If you need help with your activities of daily living, the care is looked upon as custodial care rather than medical care or convalescent […]
Can I Be Held Responsible for a Parent’s Nursing Home Bills?
If you are going to be admitting a parent into a nursing home, you may wonder if you could potentially be held responsible for your parent’s nursing home bills. The answer is a resounding maybe. In most cases, you would not be held responsible for your parent’s nursing home bills, but there are exceptions. When […]
Is There a Medicaid Asset Limit?
When you envision your senior years, you may think about your active retirement years when you will enjoy leisure activities and quality time with your family. This is certainly something to look forward to, but you should also be practical about the challenges that you may face during your twilight years. A high percentage of […]