Asset Protection & Medicaid Planning Experts!

Non-Borrowing Spouses Can Still Face Eviction Due to Previous Reverse Mortgage Rules

Amy (59) and her husband, Frank (66), decided to get a reverse mortgage, sometimes known as an HECM (Home Equity Conversion Mortgage), last summer to supplement Fred's Social Security. Amy was left off the reverse mortgage, due to … [Read more...]

Did I Read That Right? Rates for Long-Term Care Insurance Rose 9% This Year!

GettyImages_170083227

Q. My wife and I like to plan ahead. Unfortunately, both of her parents and three of her aunts died of Alzheimer's, and we want to make sure we are prepared should one of us need long-term care in the future. We are aware of the … [Read more...]

Help Someone Else and You Might Go to Jail

485978955

Ray is a loving father and a good friend who enjoys helping others. He helped his son build a deck, assisted his friend in finding a home, and even does his daughter's taxes on Turbo Tax each year. However, when it comes to estate … [Read more...]

Want Free Long-Term Care? Try Medicare Part G.

87358408

Q. Nursing homes are so exorbitantly expensive. There is no way I can afford long-term care for myself, when the time comes, or for my husband, Morty. Is there any way to qualify for free long-term care in this country? A friend … [Read more...]

How Nursing Homes are Collecting Debts- More Reason to Plan Ahead

Dino and Lillian Palermo, at the Mary Manning Walsh Nursing Home, which filed a guardianship petition.

Lillian Palermo, a 90-year old retired insurance executive, entered a nursing home after she began experiencing dementia, falls, and surgical complications. Her husband, Dino, who is eight years her junior, visits her every day. … [Read more...]

Ask the Expert: Forgetfulness: When to Call a Doctor

517518683

Q. My mother, Meg, has not been herself lately. Last week, when going to the neighborhood post office, she got completely disoriented and lost. She asks the same questions over and over again and often repeats stories. She even … [Read more...]

A New Act to Help Special Needs Families

capitol

  Q. My 9-year-old daughter, Noelle, is intellectually disabled. The costs for her therapy and assistive technology are quite high, and we are in the process of applying for government assistance (SSI). Despite our struggles … [Read more...]

Virginia 529 Prepaid Education Plan Limited Time Open Enrollment: Plan Ahead for Your Child or Grandchild

We all dream of the day when our child or grandchild is accepted to college. From the time he or she is diapers, we begin planning for great things. We drive them to soccer, gymnastics, and music lessons in hopes that they are … [Read more...]

Gifting and the 2015 Gift and Estate Tax Exclusion Numbers

grandmagiftgiving

Q. I recently got married and my husband and I found the perfect starter home in Fairfax County. The owners accepted our offer and my mother generously offered to give us $20,000 to help with the down payment. She also has a … [Read more...]

Halloween Can Be Scary for those with Dementia

Q. My mother-in-law has dementia and lives at home with a caregiver to assist her with activities of daily living. Before she was diagnosed, she loved Halloween, especially all the decorations, seeing the grandchildren dressed up … [Read more...]

Folder Name