Medicaid Planning Strategies
You may be afraid of losing your home if you have to enter a nursing home and apply for Medicaid. While this fear is well-founded, transferring the home to your children is usually not the best way to protect it.
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An attorney can help you save money in the long run as well as make sure you are getting the best care for your loved one.
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In addition to helping your family after your death, a prepaid funeral contract can be a good way to spend down assets in order to qualify for Medicaid.
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Medicaid 101
A new report finds that states have made incremental improvements in providing long-term care, but need to achieve more gains in order to meet the needs of the growing number of people who require long-term care services. ...
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Immediate annuities can be a useful tool to protect the spouse of a nursing home resident who applies for Medicaid.
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In recent years a number of non-lawyers have started businesses offering Medicaid planning services to seniors. While using one of these services may be cheaper than hiring a lawyer, the overall costs may be far greater.
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Medicaid 101
Planning for retirement and deciding whether to buy long-term care insurance would be a lot easier if you knew your odds of needing long-term care, as well as at what age and for how long.
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Annuities can be valuable retirement and longevity planning tools, but they are complex financial products that can be misused. ...
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A federal appeals court has ruled that Medicaid officials must accept applicants' short-term annuities, providing more certainty for Medicaid applicants' use of this important planning tool. ...
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