Category: Medicaid

Your Parent is Hospitalized: Medicaid and Elder Care Planning to Do Now

When a parent ends up in the hospital, it can be frightening. But it can also be chaotic if your parents have not yet thought about their wishes for health care, end-of-life, and their estate. What end-of-life and long-term care planning should they do?

Medicare: The First 100 Days

Medicare will cover up to 100 days in a long-term care facility if you parent comes from the hospital a...

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PROTECTING ASSETS FROM MEDICAID

Protecting Assets from Medicaid: How Funding a Trust Can Help

We all want what is best for our families. Ideally, we would like to help loved ones on both ends of the continuum of life: the younger generation with expenses related to college, home buying, and starting their families; and the elder generation with expenses related to retirement, nursing home costs or assisted living situations and long-term medical care, if necessary. You have likely worke...

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10 Common Mistakes People Make When Applying for Medicaid

Though the aging population continues to get larger, there is more need for long-term care. However, since most elderly Americans do not have long-term care insurance or have the assets to be self-insured, many people are dependent upon Medicaid, as Medicare’s coverage is much more limited when it comes to longer-term costs. The government helps to pay for the co...

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