Tag Archives: Medicaid Planning

Medicaid Planning? Starting with the finances.

Assets we’ll look at: Checking accounts Savings accounts Brokerage accounts Certificates of deposit Stocks and bonds Savings bonds Primary residence if applicant does NOT intend to return home (note that if equity is greater than $595,000.00, then applicant does not … Continue reading

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MEDICARE: What it DOES NOT cover

Many families we meet have the idea that MEDICARE will cover most of their LONG TERM CARE costs, like Assisted Living or Skilled Nursing as well as many of the medical costs associated with aging. Some of the costs NOT … Continue reading

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Alzheimer’s and Estate Planning

BE PREPARED! Estate and Elder Law planning is even more important if you suspect that you or a loved one is in the early stages of Alzheimer’s or any progressive cognitive disease. Here are just a few areas you should … Continue reading

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Long Term Care…….. are you part of the 70%

In the 2000, almost 10 million people needed some form of long-term care in the United States. Of this population, 3.6 million (37%) were under age 65 and 6 million (63%) were over age 65 (Roger & Komisar, 2003). Almost … Continue reading

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Cost of Skilled Nursing and What to do?

Why even discuss skilled nursing? There are some statistics that everyone needs to know. 1. At least 70% of people 65 years old and older will need some type of long term care in their lives.  Many will require Long Term Skilled Nursing … Continue reading

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Create Your Living Will Now to Ease Burdens Later Part 2

Important Questions to Ask When writing your living will, give serious consideration to the kind of treatments you want. Questions to ask yourself include: How important is it to be independent and self-sufficient? What would make me feel that my … Continue reading

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