Medicare Premiums to Increase Dramatically in 2022 Medicare premiums are rising sharply next year, cutting into the large Social Security cost-of-living increase. The basic monthly premium will jump 15.5 percent, or $21.60, from $148.50 to $170.10 a month. The Centers…
What It Means to Need ‘Nursing Home Level of Care’ for Medicaid Eligibility When applying for Medicaid’s long-term care coverage, in addition to the strict income and asset limits, you must demonstrate that you need a level of care typically…
Who Makes Health Care Decisions If You Can't? Being able to make health care decisions for ourselves is so important to us, but what happens if you become incapacitated and are unable to voice your opinion? If you don’t have…
Does Voluntary Payment of Past-due Nursing Home Charges Violate Federal Law? By Jill Roamer, J.D., CIPP/US Medicaid Planning, Case Law Does Voluntary Payment of Past-due Nursing home Charges Violate Federal Law? Federal law prohibits a nursing home from requiring that past-due expenses be paid…
What Is Long-Term Care? Long-term care involves a variety of services designed to meet a person's health or personal care needs during a short or long period of time. These services help people live as independently and safely as possible…
Elder Law Can Be Scary, But It Doesn’t Have To Be! Aging is something we all must go through. As our bodies and minds decline, so do our decision-making powers. Unfortunately, some of us can become incapacitated and no longer…
How Medicaid Planning Trusts Protect Assets and Homes from Estate Recovery Last updated: January 04, 2021 What are Medicaid Asset Protection Trusts (MAPT)? Medicaid Asset Protection Trusts (MAPT) can be a valuable planning strategy to meet Medicaid’s asset limit when…
Elder Law Versus Estate Planning: Not So Different After All By Jill Roamer, J.D., CIPP/US Elder Law, estate planning How different is elder law from estate planning, really? Estate planning, in part, deals with helping clients plan for disability, minimize taxes at their…
Eldercare and Paid Family Leave: Love and the Bottom Line Article Originated from: standard.com Eldercare and Paid Family Leave: Love and the Bottom Line .Taking care of aging relatives is taking a growing toll on millions of Americans. Estimates predict…
Why Estate Planning Is Crucial When Reaching End Of Life Why is Estate Planning Crucial When Reaching End Of Life ? People would strive to look for high-paying jobs in order to provide a better life for their families. These…