Fatal falls and injuries suffered by older Americans are increasing at an alarming rate. This poses a challenge at retirement and assisted living communities as well as nursing homes and private residences. Older adults are fiercely holding on to as much of their independence as possible. But how to keep older adults safe when […]
When applying for Medicaid benefits to help pay for long-term care, the applicant must list the value of all of their assets that are “countable” under the eligibility rules of the program, as administered in this state by the Connecticut Department of Social Services (“DSS”). Some assets are fully exempt and we will describe those […]
Congress is currently considering legislation that would implement a number of significant changes to the rules for eligibility for VA’s “Aid and Attendance” benefit. Those changes include – among others – an attempt to establish a clear maximum allowed net worth; a change in how income will be treated compared to assets; and an attempt […]
When people think about estate planning, and specifically about who they would like to receive their assets when they are gone, they tend to concentrate on the things that have a high monetary value, like bank accounts, investments, or real estate. But dividing up cash or other liquid assets is the easy part. What is […]