Category Archives: Bankruptcy
More Seniors File for Bankruptcy Amid Limited Long-Term Care Funds
Do you have a plan for your retirement that includes long-term care? More seniors than ever are questioning whether they have enough support to live into older age, especially with the risk posed by long-term care costs. Most people know that rooms in a nursing home or at-home care can be extremely expensive, but… Read More »
Case Illustrates Hidden Danger Of Fund Transfers
It’s a cautionary tale, and proof that it’s rarely possible to have your cake and eat it, too. A recent court ruling taught a Virginia woman a harsh lesson about trying, basically, to scam the system. The woman sought to be able to qualify for Medicaid by transferring a large sum of money to… Read More »