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What do Dick Van Dyke, legendary comic author Stan Lee, and Mel Brooks have in common? They are all thriving well into their 90s! HBO Documentary Films is taking a look at aging with their latest film, “If You’re Not in the Obit, Eat Breakfast.” The title was inspired by comedy legend Carl Reiner’s philosophy…
Read MoreHere’s a great question that we received just the other day: My wife has moved into a nursing home. In addition to our home, we own two rental properties. Our income is good, but it is not enough to pay for the nursing home. We are receiving mixed information about whether or not she can…
Read MoreA superbug is defined as a pathogenic microorganism, especially a bacterium, that has developed resistance to the medications normally used against it. Hospitals and nursing homes are able to keep lethal superbug outbreaks a secret, due to vague rules that give healthcare providers great leeway in deciding when or whether to report unusual clusters of…
Read MoreEvery once in awhile we are asked about using divorce as a Medicaid planning tool. The reasoning goes that if the well spouse has over $120,900, that spouse may want to avoid spending those assets on nursing home care as well as the Medicaid Estate Recovery. A “Medicaid Divorce” could do just that. So should…
Read MoreRetirees have a variety of options to take college-level classes at affordable prices and sometimes even for free. Here are some ways to increase your knowledge in retirement, without straining your bank account. Audit classes for free. Retirees who audit college classes get to attend interesting lectures, but no grades or credits are provided. For example, Florida residents…
Read MoreThere are many advantages for older Americans to seek out a college community as their new place of residence. They might be looking for intellectual stimulation, cultural amenities and sports offerings without high urban price tags. They may either want a return to their college roots, their alma mater, or perhaps a place they imagine…
Read MoreFor many individuals, retirement savings are their largest asset. And when facing nursing home care, the rules about Medicaid and IRAs can be very confusing. So, how do IRAs (and pensions, 401(k)s, 403(b)s, etc.) affect Medicaid eligibility? Will a large IRA disqualify a nursing home resident for Medicaid? For those who are receiving payments from…
Read MoreNurses play an important role in patients’ lives. Many times we see clients overwhelmed with gratitude for the care their nurses provide. Our clients are often surprised to learn that we have a registered nurse (RN) on our staff. We find that this adds tremendous value to our clients and to our firm in general.…
Read MoreMany have heard of the Medicaid Look Back, but few fully understand this aspect of Medicaid. When someone applies for Medicaid, they are asked about any gifts or transfers of assets for the 5 years (or 6o months) prior to applying for Medicaid. This is the government’s way of deterring people from purposefully impoverishing themselves…
Read MoreAn article from Travel Channel by By: Meredith Rosenberg has great tips for traveling with the elderly. Following these suggestions can help provide a stress-free trip for the older person and the entire family. Consider stairs and walking distances. Know the layout of your hotel and check on the availability of a wheelchair. Check out, prior…
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