Choosing a nursing home is an important decision that can greatly affect the quality of life for a person in need. Different facilities have different approaches and generally there is no such thing as a singular, perfect nursing home that is the best choice for...
Family members or friends with someone who has special needs may feel a desire to provide them with financial assistance. However, if the person with special needs is on SSI, Medicaid, or other need-based government programs, that assistance, unless properly...
In case a spouse becomes incapacitated, the other spouse may need to conduct certain transactions on behalf of the incapacitated spouse to either obtain care or avoid financial penalties. However, status as a spouse does not automatically grant this ability. Even a...
When applying for Medicaid nursing home coverage, applicants must meet certain financial requirements. In order to prevent fraud, Medicaid not only looks at an applicant’s current financial situation, but they also look back at the applicant’s financial transactions...
Long term care insurance is an insurance policy that can cover the cost of a potential stay in a nursing home or other care alternatives. A nursing home stay can potentially drain the savings all but the wealthiest individuals. While long term care insurance policies...
Serving as a trustee is a significant responsibility that not everyone is equipped to handle on their own. A trustee has a duty to prudently manage the assets in the trust according to the terms in the trust for the beneficiaries of the trust. Generally speaking,...
