"Long-Term Care" refers to the broad spectrum of medical and support services provided to persons who have lost some or all capacity to function on their own due to a chronic illness or disabling condition, and who are expected to … [Read more...]
Planning for Long-Term Care (Part 1)
Are you one of the millions of Americans who made a New Year’s Resolution to plan for long-term care? Have you started it yet? As financially responsible adults, most of us are prepared for some unexpected disasters – we pay for … [Read more...]
A Roundup of Key Elder Law Numbers for 2009
Below are figures for 2009 that are frequently used in the elder law practice, including the new Medicaid spousal impoverishment figures and the long-term care insurance deductibility limits. Medicaid Spousal Impoverishment … [Read more...]
Elder Mediation Resolves Family Conflicts
"My daughter is insisting I move in with her," complains Martha. "She just wants to control my life and take away my freedom," she continues. Jenny, Martha's daughter, worries that her mother keeps falling, and fears one day she … [Read more...]
Medicaid Asset Protection
What is Medicaid Asset Protection? Medicaid Asset Protection is the process of protecting assets from having to be completely spent to pay for the devastating expenses of long-term care, while helping to ensure that you (or your … [Read more...]
Aging is Not a Disease
It is natural that health care providers such as doctors, pharmacists and nurses will have the same attitude towards aging as other Americans. Without proper geriatric care training, these people can fall into the same trap of … [Read more...]
Life Estate Law Changing Soon
See update on this article here. In Virginia, a life estate in real estate has always been treated as an exempt asset for the purposes of Medicaid eligibility. Unfortunately, the Virginia General Assembly recently passed … [Read more...]
Federal Nursing Home Site Now Notes Troubled Facilities
The federal Centers for Medicare & Medicaid Services (CMS) announced recently that its Web site comparing nursing homes will now identify listed facilities that have a history of poor performance.From now on, the CMS Nursing … [Read more...]
Long-Term Care Premium Deductibility Limits for 2008
The Internal Revenue Service has announced the 2008 limitations on the deductibility of long-term care insurance premiums from taxes. Premiums for "qualified" long-term care policies are treated as an unreimbursed medical expense. … [Read more...]
When is the Best Time to Purchase Long Term Care Insurance?
If you decide that long-term care insurance is the right decision to protect your assets and your family's financial future, the best time to buy it is now, because the older you get, the more expensive the policy becomes in the … [Read more...]