Asset Protection & Medicaid Planning Experts!

How Close Are We to a Cure for Alzheimer’s?

Q. I just found out that my favorite Aunt, Norma, is in the early stages of Alzheimer's. I was heartbroken at first, but am optimistic that with all the research being conducted, we could be close to a cure. Sure enough, this … [Read more...]

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...]

Critter Corner: Does a 529 College Plan Count as Part of My Assets When Determining Medicaid Eligibility?

Dear Saki and Alley, I would like to set up a 529 College Savings Account for my granddaughter, Emma. If I need long-term care in the future, will the plan be counted as part of my assets? Thanks for your help! Mona E. … [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...]

Government Raises the Bar on Nursing Home Ratings

ncompare

Q. My father has dementia and will need skilled nursing care in the near future. There are so many nursing homes in this area to consider, and I have heard differing opinions from friends and family. How can we really know which … [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...]

Before You Sign a Continuing Care Contract

178085578

Continuing Care Retirement Communities (CCRC), also known as Life Care Communities, offer older adults a spectrum of services and care facilities, typically starting with independent living arrangements, then advancing to assisted … [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...]

Folder Name