Medicaid long-term care benefits traditionally pay mainly for nursing home care, but the federal government can grant “waivers” to states allowing them to expand Medicaid to include home and community-based…
A new survey has found that motivated in part by the coronavirus pandemic, younger adults are now more likely to have a will than middle-aged adults. Nevertheless, the overall percentage…
To qualify for Medicaid coverage of long-term care, you must satisfy very complicated financial eligibility rules—rules that often can be traps for the unwary. One of the most significant traps…
The one-year deadline for nursing home residents on Medicaid to spend down their first round of stimulus checks is here, but they may have a little extra time. In March…
Long-term care involves not only a loss of personal autonomy; it also comes at a tremendous financial price. Proper planning can help your family prepare for the financial toll and…
Long-term care is the care you need if you can’t perform daily activities on your own for an extended period of time. There are a number of different ways that…
All Long-term care costs rose sharply in 2020. However, assisted living facility costs increased the most, according to Genworth’s latest annual Cost of Care Survey. The across-the-board rises were due…
Many websites offer customized, do-it-yourself wills and other estate planning documents. Although such products are convenient, using them could create serious and expensive legal problems for heirs. These digital services…
The Social Security Administration has announced a 1.3% rise in benefits in 2021. This is an increase even smaller than last year’s. Cost-of-living increases are tied to the consumer price…
Medicare Open Enrollment–Consider Your Options Medicare Open Enrollment started October 15th. The Medicare Open Enrollment period runs from October 15 to December 7. During this period, you can freely enroll…
