Understanding Medicaid’s Long-Term Care Spousal Impoverishment Rules
The prospect of long-term care often brings with it many financial concerns. As we experience our declining health or that of an aging family member, we begin to realize that long-term care needs [...]
Deducting Long-Term Care Insurance Premiums in 2025
Research shows that nearly 70% of seniors will require long-term care at some point in their later years. Although it does add another expense to one's life, long-term care insurance can be helpful.
What Makes a ‘Good’ Nursing Home? 10 Points to Consider
Finding the right long-term care facility is a major decision. The best choice will be specific to your unique needs, preferences, and medical care requirements. Consider the following factors [...]
How Romance Scams Affect Older Adults
A romance scam is when a fraudster creates a fake online persona to build a relationship with a victim, often via a social media or dating platform.
Can Money Buy Happiness? Actually, It Depends
Does having more money lead to greater happiness? The effect income has on happiness can vary greatly depending on factors such as how much money one already has, cultural attitudes, and [...]
Can I Transfer Mom’s Medicaid to Another State?
My mother resides in Florida in a nursing home, and I want to move her to a nursing home in Indiana. I cannot care for her at home and there is no other family to help. How do I transfer my [...]
Am I Liable If My Mom Lives Alone Against Doctor’s Orders?
What happens if my elderly mother insists on staying in her own home by herself, against the doctor's advice? If I am her agent with health care power of attorney and I allow her to do as she [...]
Unpaid Family Caregiving Is Worth a Six-Figure Salary
As the population ages, the number of people affected by Alzheimer's disease and other forms of dementia continues to rise. For family caregivers, this role comes at a substantial cost.
Medicaid Applicants: Protecting Your Healthy Spouse in 2025
Each year, the feds issues updated guidelines outlining how much of a couple's assets a healthy spouse can keep while their Medicaid spouse gets the long-term care support they need.