Category Archives: Medicaid
Do You Need Medicaid in Virginia for Your Long-Term Care?
At least 50% of healthy Americans above age 65 will need some form of long-term care in the future. This can come in the form of home care, assisted living or nursing home care. This kind of care might be necessary but regardless of the setting it can be very cost prohibitive. There are… Read More »
What You Need to Know About Medicaid And Partners Entering Relationships with Different Assets
Getting married later in life raises a number of different confusing aspects associated with estate planning. An estate planning attorney might be the only person who can help you navigate the legal maze of health care and estate plans. If one party enters this late in life marriage with significant assets whereas the other… Read More »
It Won’t Be Much, But in Some Cases Caregivers Can Get Paid
Senior woman with her caregiverThe estimates vary between 66 and 70 million, when it comes to the number of people in the United States serving as unpaid caregivers for family members with disabilities. The good news is that in some instances, these overworked and stressed out people may at least be able to get… Read More »
Half of seniors eligible for drug benefit don’t apply
A little Extra Help could do senior citizens a world of good, literally and figuratively. That’s the name for a Medicare benefit that can greatly help low-income elderly people pay for their prescriptions, but one that far too many of those eligible for it don’t know exists. “More than 2 million people on Medicare… Read More »
Court sides with nursing home against woman’s grandchildren
An elderly New York State woman thought she was doing the right thing for her grandchildren. A court ruled otherwise, in a case of estate planning gone horribly wrong. The woman, Lillian Hellman, sought to have four annuities, which she obtained in her name with her in control of the accounts, transferred to each… Read More »
Novel program brings legal assistance to people who need it most
A recent blog on the website of The New York Times highlighted a fine program in California that provides legal help for the elderly while giving real-life experience to law students. The piece by Paula Span, author of “When the Time Comes: Families With Aging Parents Share Their Struggles and Solutions,” also brings a… 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 »
How the Supreme Court Ruling on Health Care Reform May Affect Seniors
The recent Supreme Court ruling of the constitutionality of the new health care reforms has many seniors breathing a sigh of relief. The ruling has ensured that, at least for the time being, senior citizens will continue to receive their currently existing benefits from programs such as Medicaid and Medicare; but the ruling also… Read More »
The High Emotional—And Financial—Cost of Alzheimer’s Disease
Alzheimer’s is a disease that affects everybody it touches—husbands, wives, children and grandchildren—they all bear witness to their loved one’s slow demise. Sadly, emotional stress is not the only stress that accompanies Alzheimer’s disease; those loved ones serving as caretakers may carry a huge amount of financial stress as well. The cost of caring… Read More »
A Woman’s Work Is Never Done
Do you know who will take care of you when you are unable to take care of yourself? Studies show that most caregivers for aging seniors are likely to be women, and most likely to be your daughter or daughter-in-law. What this means is that unless parents have a plan for their future long… Read More »