Medicaid Planning Strategies

You may feel that you have given one child more during your life, so he or she should get less in your will. Or you may want to cut out an heir altogether. Whatever the reason, disinheriting a close relative...

Nursing homes are notoriously understaffed. Studies have shown that more staff leads to better care, but employees a...

Insurance agents and financial institutions often advertise annuities as the perfect way to generate retirement income. While annuities can be a valuable retirement tool, if you are buying an annuity as part of a Medicaid planning strategy, you need to...

A parent is irreplaceable, but someone will have to fill in if the worst happens.

For most people, receiving an inheritance is something good, but for a nursing home resident on Medicaid, an inheritance may disqualify them from the benefits that pay for their long-term care services.

Medicaid 101

if you postpone planning until it is too late, you run the risk that your intended beneficiaries -- those you love the most -- may not receive what you would want them to receive.

When it comes to long-term care, which type of care is cheaper? A common misperception is that receiving care at hom...

When one family member becomes a caregiver for another, it''s important to put in writing the terms of the arrangeme...

A groundbreaking program in Massachusetts is expected to ease the financial burden on families with elderly or disabled relatives in need of care by paying family or friends about $18,000 a year to care for them. On December 1, 2006,...