My mom has a power of attorney with both my brother and me named as agents. The power of attorney document lists our wrong addresses -- we have all moved since she first had it drafted. Is it still good?...Read more
Most Recent Articles
After staying the same last year, Medicare’s Part B premium will increase slightly in 2019. The premium will increase $1.50 from $134 a month to $135.50.Read more
The Social Security Administration has announced a 2.8 percent increase in benefits in 2019, the largest increase since 2012.Read more
Do you have the right Medicare plan? It is fall, which means it is time to think about whether your current plan is still giving you the best coverage or whether a new plan could save you money or offer...Read more
A recent case involving basketball star Caldwell Jones demonstrates the danger in having only one spouse's name on a reverse mortgage.Read more
Should My Husband Switch From Medicare Advantage to Original Medicare Once He Is Approved for Medicaid?
I need to find out if I should switch my husband, who is in a nursing home, to original Medicare now that Medicaid has approved him for benefits. We have a Medicare Advantage HMO plan that covers his medications. Also,...Read more
Do We Have to Report My Father's House on a Medicaid Estate Recovery Form If He Transferred It to His Wife?
My father went into a nursing home in Pennsylvania in December 2005. He immediately applied for Medicaid and had to cash in all his assets. His spouse was allowed to keep all her assets, their home, and one vehicle. In...Read more
The Department of Veterans Affairs has finalized new rules that make it more difficult to qualify for long-term care benefits. The rules establish an asset limit and asset transfer penalties for claimants applying for VA pension benefits.Read more
My mother has a life estate in her current house. She would like to sell her house and purchase a smaller home. All the parties are in agreement. Can she purchase a life estate in the new house? How does...Read more