The most important thing that you can do in planning for future contingencies is to act now. The future may hold limited resources or health problems for you and either one of these may prevent you from taking care of the things … [Read more...]
Planning for Long-Term Care (Part 2)
"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 over age 50 who has not yet started planning for long-term care? As financially responsible adults, most of us are prepared for some unexpected disasters – we pay for health and property … [Read more...]
Veterans Aid & Attendance Benefits Increase
Good news! For the first time since 2008, the Department of Veterans Affairs has announced an increase in maximum Aid and Attendance benefits available to veterans of the armed forces. These new figures for 2012 reflect a 3.6% … [Read more...]
Is Medicaid Too Complex for Americans?
Medicaid complexity is a real problem. For those not familiar with program specifics, Medicaid - not Medicare - is the program Americans rely on to receive their long-term care. Long-term care is extraordinarily expensive – in … [Read more...]
Aid and Attendance Pension Benefit: What is the “Eligibility Verification Report?”
An important document for the veterans entitled to the Aid and Attendance benefit is a form called the “Eligibility Verification Report” (EVR) which VA sends at the beginning of the year and must be filled out every year in order … [Read more...]
Happy Memorial Day: Are Additional Aid and Attendance Benefits Around the Corner?
Fun Memorial Day Facts The Farr Law Firm wishes you and yours a Happy Memorial Day Weekend! Monday is Memorial Day, and we would like to take this opportunity to say “Thank You” to our many friends, colleagues, and peers who … [Read more...]
New Veteran Bill Would Increase Pension Benefits for Some Couples
The Honoring All Veterans Act of 2011 – introduced yesterday by Senator Richard Blumenthal (D-CT) –seeks to improve health care, education, employment, and housing for veterans. “Our military men and women have kept their … [Read more...]
How to Avoid Losing Massive Amounts of Money to a Nursing Home
When older adults think of estate planning, many actually have asset protection in mind. What they want is the peace of mind of knowing that the nest egg they’ve been saving for that proverbial “rainy day” will actually be … [Read more...]
Top 3 Advancements to Help Seniors Stay at Home: “No Thank You, Nursing Home”
"Getting old is not for sissies" goes the quote. Perhaps one of the biggest challenges people face as they age is a seemingly inevitable and impending change to their living situation, whether it be due to health concerns, … [Read more...]
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