Many seniors and their families don’t use a lawyer to plan for long-term care or Medicaid, often because they’re afraid of the cost. But an attorney can help you save…
Category: Elder Resources
Using a Prepaid Funeral Contract to Spend Down Assets for Medicaid
No one wants to think about his or her death, but a little preparation in the form of a prepaid funeral contract can be useful. In addition to helping your…
Take These Three Steps When Your Child Turns 18
Take These Three Steps When Your Child Turns 18
Are Trusts Still Useful If the Estate Tax Is Repealed?
A trust is a legal arrangement through which one person (or an institution, such as a bank or law firm), called a “trustee,” holds legal title to property for another…
Study Finds That Social Security Workers Often Provide Incomplete Information
Study found that the Social Security field offices often did not provide key information that would help people make well-informed decisions about when to file for benefits.
Short-Term Care Insurance: An Alternative to the Long-Term Care Variety
Short-term care insurance provides coverage for nursing home or home care for one year or less.
Four Provisions People Forget to Include in Their Estate Plan
Even if you’ve created an estate plan, are you sure you included everything you need to?
Hospitals Now Must Provide Notice About Observation Status
All hospitals must now give Medicare recipients notice when they are in the hospital under observation status. The notice requirement is part of a law enacted in 2015 but that…
Is It Better to Use Joint Ownership or a Trust to Pass Down a Home?
When leaving a home to your children, you can avoid probate by using either joint ownership or a revocable trust, but which is the better method?
Costs of Some New Long-Term Care Insurance Policies Rise in Latest Survey
A couple who are both age 60 and who purchase new long-term care insurance coverage can expect to pay between 6 and 9 percent more compared to a year ago…