How Does Medicaid Impact Your Family’s Inheritance?
Mistakes can be made when it comes to inheritances and Medicaid. Those mistakes can be costly. When a person is drawing Medicaid benefits and inherits money or property, that inheritance jeopardizes the benefits. The inheritance must be handled carefully to minimize expensive penalties. What “careful” means, though, can be misunderstood
The Importance of Advanced Directives During a Crisis
During the Covid-19 epidemic, a wrenching question especially demands an answer: if you or someone you love is taken down into life-threatening illness, how far would you want extreme life-prolonging measures to be tried? For us who are particularly vulnerable – seniors, those with compromised immune systems, those already struggling with
How the Centers for Medicare and Medicaid Services is Responding to Covid-19 in Nursing Homes
Nursing homes, one of the smallest population sets in the US, account for the largest demographic percentage of COVID-19 deaths. Statistics vary, but most accept that elder Americans in nursing homes account for at least 40 percent of all US coronavirus deaths. This tragic statistic is, in part, attributed to
5 Essential Things to Include In Your Estate Plan
Estate planning is important for people of all ages, but as we age, the need for planning becomes even more critical. Many people avoid estate planning, because they do not want to think about the end of life, failing health or disability. Others believe that an estate plan is only
Isolation During COVID-19 May Increase the Risk of Elder Abuse
As some of the most vulnerable Americans to the COVID-19 pandemic, older adults are staying at home to lower their risk of infection as the coronavirus spreads throughout communities. The American Bar Association (ABA) reports that an unfortunate outgrowth from this isolation is an increase in risk factors for elder
Important Things to Consider While Preparing For Retirement
Most people dream of the day they can retire. The problem is that many do not move beyond dreaming to planning. Planning can be done no matter what your age, but experts encourage people to start as early as possible. Retirement planning can seem like a daunting endeavor for many
Make Your Health Care Wishes Known: Artificial Nutrition or No?
By now, many of us have witnessed the slow and dehumanizing death by Alzheimer’s of friends and loved ones. In the final stages of this and other dementia diseases, there comes a time when the person can no longer speak, recognize loved ones, or move purposefully. With that poor quality of
Crowdsourcing Site Age Friendly Offers New Way to Find Your Retirement Location
While aging in place is very popular among the baby boomer generation, about one-third of those retirees would choose to live elsewhere. The family remains the most significant factor when deciding where retirees live, followed by the general livability of an area and desirable weather conditions. The decision about where
Comparing Medicaid and Medicare – What’s the Difference?
Medicaid and Medicare are two programs that people often confuse, so what really is the difference between them? Most people who work in healthcare may recognize the acronym LASA, which stands for “look-alike-sound-alike” and is usually seen when referencing medications. When it comes to federal programs, Medicaid and Medicare, in
Legal Planning with Alzheimer’s Disease
There is currently no cure for the more than 5 million Americans who have Alzheimer's disease. Projections by the Alzheimer's Association (alz.org) are that by 2050 more than 14 million Americans will suffer from this disease. What can you do if you are medically diagnosed with Alzheimer's? Aside from following