Always Put Caregiver Contracts in Writing

When hiring a caregiver, it is vital to put the contract in writing. Courts can be especially strict about requiring contracts when caregivers are relatives, but a formal agreement is still necessary even if the caregiver is not a relative. A Michigan court ruling illustrates how failing to document an agreement with a non-relative caregiver can affect Medicaid benefits. The […]

Nursing Home Ratings and More: Selecting the Right Facility

While many older adults prefer to stay in personal or family homes as they age, it may not be feasible. Long-term care in a nursing home may be the best option for those who require continuous assistance with persistent conditions such as dementia. As the quality and offerings of nursing homes vary, choosing the most […]

The Difference Between Elder Law and Estate Planning

Elder law and estate planning serve two different — but equally vital — functions. The main difference is that elder law is focused on preserving your assets during your lifetime, while estate planning concentrates on what happens to your assets after you die.  What is Elder Law Planning? Elder law planning is concerned with ensuring […]

What to Do When Medicare Denies Coverage

         When Medicare declines to cover your medical needs, the denial can leave you with an expensive medical bill. If Medicare refuses to cover your care, do not assume this means you will have to take on the financial burden. As a beneficiary of Medicare, you have the right to appeal the denial. There are […]

What You Should Know About Long-Term Care

         Research shows that roughly one in seven adults aged 65 or older will need long-term care at some point in their later years. Meanwhile, tens of millions of Baby Boomers in the United States are growing older and living longer. It seems inevitable, then, that the future of long-term care will be undergoing significant changes. The […]

Protect Your House When You Want to Qualify for Medicaid

         Medicaid is a public assistance program that provides millions of individuals nationwide with health care coverage. For certain qualifying Medicaid recipients, the program also covers nursing home care. To be eligible for Medicaid, you typically must meet a specific income limit. You generally do not have to sell your home to qualify for Medicaid nursing […]

Be Aware of the Dangers of Joint Accounts

         Many believe that joint accounts are an excellent way to avoid probate and transfer money to loved ones. While joint accounts can be helpful in certain circumstances, they can have dire consequences if not used properly. Adding a loved one to a bank account can expose your account to the loved one’s creditors and affect […]

What You Should Know About Prepaid Funeral Plans

         How Much Are Funeral Costs in the United States? Funerals rank among the most expensive purchases many consumers will ever make. As of 2023, the median cost of a traditional funeral, with casket and burial, was $8,300. The average cost varies depending on where you live as well. Data from 2024 shows that average funeral costs (for […]

Feds Simplify and Clarify Various Medicaid Rules for States

         Thanks to a new rule recently finalized by the federal government, obtaining and renewing health care coverage under the Medicaid program is set to become more accessible for millions of Americans. What Is Medicaid? Medicaid provides people living on limited income with access to health care services. Enrollees must meet strict financial guidelines to qualify. In […]

How Social Security Overpayment Rules Are Changing

         With a new commissioner at the helm, the Social Security Administration (SSA) has announced several policy changes recently. In late March 2024, the SSA issued news regarding how it handles overpayments to Social Security recipients. Can Social Security Take Your Whole Check for Overpayment? By law, the SSA is required to attempt to recoup any overpayments it […]