» Long-Term Care

Planning for long-term care can be an emotional and difficult task, but it’s one of the most important steps to protect yourself and your loved ones. As we age, the chances of needing long-term care, whether at home or in a facility, become mor… Read More

Communicating your estate plan with your loved ones can preserve family relationships after you pass away. You may not want to share details like your net worth or who is getting what, but you should consider talking about how your assets will be div… Read More

Home is where the heart is. Our homes are very personal to us. One concern that many people have when they talk to me is how to protect their home from nursing home costs. They’re concerned that their home will be taken from them to pay for the nur… Read More

When people are looking to pay for nursing home care by qualifying for Medicaid, a big question they have is what assets they can keep. The answer to this question is determined by how Medicaid classifies the asset. Under Medicaid there are two kinds… Read More

Many times when I meet with families who have a loved one who was just admitted to a long term care facility, one of the first questions they have is whether Medicare will cover the costs incurred. They understand that the costs of the long term care… Read More

We plan for everything from dinner to vacation, but rarely do we plan for the cost or need for long term care. This failure to plan can have devastating effects on us and our family over a very short period of time. Read More

Many times individuals are confused about the Medicaid transfer rules. When individuals are preparing to apply for Medicaid for long term care coverage, they assume that they can transfer assets to their family or to a Trust without penalty. Or they… Read More

For many individuals the largest asset they have is their IRA. Many times IRAs will represent half or more of an individual’s assets by the time they reach retirement or are in need of nursing home care. Therefore, protecting that asset can be impo… Read More