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Can a Nursing Home Claim Our $250k IRA and Other Assets?
Long-term care costs like nursing home care can quickly drain retirement savings. Medicare provides little help paying these ...
Medicaid can pay for long-term care if you meet its means-testing restrictions. The federal-state program is designed to help only people of limited financial means. However, people with more ...
Medicaid is a state- and federally funded health program for lower-income persons of all ages. For applicants who fall into certain categories, Medicaid imposes specific rules on how much income and ...
Medicaid can pay for long-term care if you meet its means-testing restrictions. The federal-state program is designed to help only people of limited financial means. However, people with more ...
Whether or not a house is counted as assets under Medicaid coverage depends on a number of factors. For example, if Lillian ...
Since Maggie is in her 60s and still working, it’s unlikely she would meet the requirements for undue hardship if the state was to seize her mother’s home. It’s important to note that the state may ...
Planning for long-term care is a crucial but often overlooked part of estate planning. Determining who will care for you and how that care will be paid for can be an uncomfortable conversation, yet it ...
Q. Is it possible for a married couple to somehow separate their assets so that if one of them ends up in a nursing home, the other's assets will not be tapped? Or are there other legal solutions to ...
In a new analysis in the December issue of Health Affairs, University of Pittsburgh Graduate School of Public Health scientists propose four solutions states could implement to improve Medicaid ...
Q. Without long-term care insurance, in addition to potentially depleting one's savings, are other assets, like one's home, also at risk should funds be needed to pay for long-term care?-- Planning ...
When planning for the cost of long-term care, it is possible to preserve your estate for your children or other heirs while still relying on Medicaid to pay for your long-term care in a skilled ...
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