Some people simply do nothing about retirement
It’s never too late to stop staring at the headlights and start retirement and asset protection planning.
It’s never too late to stop staring at the headlights and start retirement and asset protection planning.
Transfers/gifts, to children or other family members, of the business, could, years later, result in extended periods without any long-term care coverage of any kind.
If you have gifted any assets, potentially, paying for caregiving by a family member, you may be penalized by Medicaid.
A study of racial and ethnic differences play a role in the emotional attitudes of caregivers of Alzheimer’s patients
In lieu of giving all your money to the nursing home, you can “spend-down” your assets, with some proper planning techniques.
The Department of Health and Human Services has announced that the poverty income guidelines will continue at their 2009 levels for the remainder of 2010. This means that the lower limit of the minimum monthly maintenance needs allowance (MMMNA), which typically rises no later than July 1 of each year, will remain at $1,821.25 in the lower 48 states and the District of Columbia. In the 48 contiguous states and the District of Columbia, the poverty guideline remains $10,830 for one person and $14,570 for a couple. For Alaska, the figures remain at $13,530 and $18,210, respectively, and for Hawaii…
Most people cannot afford to keep a loved one in a nursing home, without the help of government assistance, Medicaid.
Life Care Planning is an approach to a lifetime of total care.
A Life Care Plan helps you and your loved ones answer your questions about your long-term care choices.
Some questions regarding Medicaid Eligibility and Qualification