Qualifying for Medicaid Assistance – Part 3 – What About My House?

Medicaid Planning

To receive Medicaid assistance for long term care, a senior must show financial need.  In some cases, significant financial decisions must be made to qualify for Medicaid. Unfortunately, due to misinformation or misunderstanding, some make decisions thinking their...

Qualifying for Medicaid Assistance – Part 1 – Do Your Medical Needs Qualify You for Long Term Care Medicaid Assistance?

Medicaid Planning

Last column, I addressed how Medicaid may be a critically important resource to help with the challenges of long-term care needs. Our office is very fortunate to have attorney Boyd Peterson, someone I consider to be one of the foremost authorities in the State of...

Is it Medicare or Medicaid?

Medicaid Planning

Last column I explained the options to pay for long term care are limited. Adding to the problem is a significant amount of incorrect information about what those options are. For example, many seniors erroneously believe Medicare will pay long-term care costs. This...

What is Long Term Care?

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...

An Additional Option to Help Aging Parents

Medicaid Planning

In past columns, I have addressed the challenges, and options available, when an aging parent needs assistance.  In some cases, a “power of attorney” may be sufficient.  This document allows a parent to transfer to a trusted child (or other person) the authority to...