Long-Term Care
Many 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 MoreThe Aid and Attendance Benefit offered to wartime veterans is often used to pay for assisted living care or home care (https://hurleyeclaw.com/practice-areas/veterans-aid-attendance/). What if a couple is living in an assisted living community and receiving the VA Aid and Attendance Benefits when nursing home care is needed for the wartime veteran? In a situation like…
Read MorePlanning ahead for long-term care should be part of your retirement planning, at least to check it out and see whether it is important for your future. Some of your questions should be about the type of benefits available – possibly through your employer. You may consider the fact that long-term health care insurance is…
Read MoreIt is important that parents share financial and long-term care information with their children, in the event that the adult children need to care or help manage their parent’s financial matters.
Read MoreFinding a nursing home for a loved one can be a stressful and difficult process. Ease some of the stress with these 10 tips.
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