» Life Care Planning

VA Eliminates Net Worth Requirement for Health Care

The Department of Veterans Affairs (VA) has updated the way it determines eligibility for VA health care benefits, making it easier for many veterans to get access to the benefits. The VA will no longer use the veteran’s net worth as a factor t… Read More
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Medicaid's Gift to Children Who Help Parents Postpone Nursing Home Care

In most states, transferring your house to your children (or someone else) may lead to a Medicaid penalty period, which would make you ineligible for Medicaid for a period of time. However, there are circumstances in which transferring a house will… Read More
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Son Liable for Mom's $93,000 Nursing Home Bill Under 'Filial Responsibility' Law

Some 29 states currently have laws making adult children responsible for their parents if their parents can’t afford to take care of themselves.  These “filial responsibility” laws have rarely been enforced, but six years ago when feder… Read More
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Medicaid Planning

Medicaid’s Rules In order to be eligible for Medicaid, you cannot have recently transferred assets. Congress does not want you to move into a nursing home on Monday, give all your money to your children (or whomever) on Tuesday, and qualify fo… Read More
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Decisions to Make for Your Power of Attorney

A power of attorney may seem like a simple document, but there are several important decisions that need to be made when creating one. From whom to appoint to what powers to grant, care and consideration should be put into each choice. A power of att… Read More
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The Durable Power of Attorney

For most people, the durable power of attorney is the most important estate planning instrument available — even more useful than a will. A power of attorney allows a person you appoint — your “attorney-in-fact” or “agent”… Read More
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Possible Change to Medicaid Income Rules

There is currently proposed legislation being considered by Congress that would make an important change to the Medicaid income rules for married couples.  Specifically, if H.R. 1771 (114th Congress) is enacted into law, it would mean that all incom… Read More
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Oscar-Winning Performance Brings Attention to Early-Onset Alzheimer’s

Moviegoers and members of the motion picture academy were captivated this year by Julianne Moore’s performance as a 50-year-old college professor diagnosed with early-onset Alzheimer’s disease in the film “Still Alice.” Based on the 2009 nove… Read More
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Choosing In-Home Care

The growing number of older adults nationally has contributed to significant growth in the home care industry. The U.S. Bureau of Labor Statistics has predicted a large growth rate in the jobs of home health and personal care aides. It seems as thoug… Read More
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