Long Term Care Planning, Medicaid Planning
In my presentations, I stress the importance of preparing for “long term care” needs. Long term care is not about hospitalization. In fact, it is not really even about medical care. It is about the inability to provide for one’s basic personal needs, often called...
Guardianship, Medicaid Planning
There are usually serious challenges for both parent and child as an aging parent loses the ability to care for himself or herself. In some cases, the parent may have only nominal limitations. In others, a parent may be fully incapacitated. A parent may be mentally...
Asset Protection, Medicaid Planning
Exploitation of seniors is an extremely serious issue. Financial abuse costs seniors 2.6 billion annually, according to a study by MetLife, although four out of five cases are not reported. In the majority of those cases, family members and caregivers are the...
Medicaid Planning, Medical Myths and Misconceptions
ththI occasionally meet with people who have chosen to transfer their home to someone else while they are still alive. They do this by signing the deed to their home over to a child, spouse or someone else. When the deed is signed over, that home – in many...