Asset Protection & Medicaid Planning Experts!

$10,000 a month! Why don’t they take it seriously?

Q. My parents are in their 70's and I am a caregiver for them, while working part-time and raising a family. My father has had Parkinson's for fifteen years and is no longer mobile. My mother is in the early stages of Alzheimer's. … [Read more...]

Informal Home Care Could Result in Medicaid Ineligibility

Betty Jensen was an elderly woman with dementia, who resided in her home in Muskegon, Michigan. In May 2011, when she needed assistance, her concerned grandson, Jason, acted on her behalf and hired a non-relative, Teresa … [Read more...]

Seniors Should Consider Cruise Ships Rather than Nursing Homes

About 2 years ago my wife and I were on a cruise through the western Mediterranean aboard a Princess liner.  At dinner we noticed a senior lady sitting alone along the rail of the grand stairway in the main dining room. I also … [Read more...]

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!

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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

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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

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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.

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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...]

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