Who Are Exempted Recipients for Asset Transfers with Medicaid?

If you have just begun to broach the process of Medicaid planning, you likely understand that it is state specific and can be extremely complex. Transferring assets to some people will trigger a period of Medicaid ineligibility, which could set you back by several months or longer due to transferring assets because you didn’t understand… Read More »

Is Self-Directed Long-Term Care for You?

More and more people who are approaching retirement age recognize that they may need support in the form of long term care. What long term care looks like for you depends on your funds, your support systems in place for managing long term care, such as an insurance policy, and your individual requests. More people… Read More »

Health Care Options For Elderly, Disabled

There are several options for health insurance for the elderly and disabled. A story on post-gazette.com outlines the various options. Medicare is available for those over 65 or who have been disabled for two years. There are a number of options including traditional Medicare or Medicare Advantage. With traditional Medicare, most also purchase a supplemental… Read More »

The High Cost of a Long and Healthy Life

Many Americans are fortunate to live a long and healthy life. The downside is that this can sometimes mean outliving your retirement account. Luckily, there are many government benefits available to senior citizens. In fact, there are so many different government programs available, that it can be hard to keep track of them all. Following… Read More »

Tread Carefully: Planning for Medi-Cal

Many Californians lose access to Medi-Cal benefits simply because they are unfamiliar with the system. What most Californians do not realize is that there several options available to establish or maintain their Medi-Cal eligibility. Medi-Cal eligibility is based on age, financial means, or disability. The State requests information on an individual’s income and expenses to… Read More »

Taking on Dementia

Research published in the New England Journal of Medicine suggests that the cost and prevalence of dementia will double by 2040. At staggering cost, how do families deal with this devastating disease? And how do they know if the wishes of their loved one should be honored? Below are some proactive and remedial steps families… Read More »