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Archives

Monthly Archive for: "December, 2020"
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By John Belconis
In Elder Law News
Posted December 23, 2020

Can You Visit Nursing Home Residents After They are Vaccinated?

COVID vaccines are starting to roll out to nursing homes across the country, signaling the beginning of the end of the pandemic. Once your loved one has had both doses of the vaccine, you may [...]

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By John Belconis
In Elder Law News
Posted December 18, 2020

Medicare Drug Cards May Be Sent Out in January

President Trump’s plan to send $200 drug-discount cards to Medicare beneficiaries has cleared one hurdle, but it isn’t certain that the administration will have enough time to actually get the [...]

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By John Belconis
In Elder Law News
Posted December 16, 2020

Who Should Purchase Long-Term Care Insurance?

Buying long-term care insurance is one way to protect against the high cost of long-term care. However, this type of insurance may not be for everyone, so consider all your options.

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By John Belconis
In Elder Law News
Posted December 10, 2020

What Is Critical Illness Insurance and Is It Worth Buying?

Many employers offer critical illness insurance as part of their benefit package. What is this insurance and is it worth purchasing? You should consider your options before paying for a plan. 

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By John Belconis
In Elder Law News
Posted December 4, 2020

Annuities and Medicaid Planning

Immediate annuities can be ideal Medicaid planning tools for spouses of nursing home residents. Careful planning is needed to make sure an annuity will work for you or your spouse. 

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By John Belconis
In Elder Law News
Posted December 4, 2020

Ability to Withdraw Money Early from Retirement Plan Without Penalty Expires at the End of the Year

If you are experiencing financial hardship due to the coronavirus pandemic, you may want to consider withdrawing money from your retirement account while you still can. The special exemption [...]

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