Category archives: Long-Term Care Planning
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1 week ago
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Raising a grandchild can be tough financially, but grandparents should be aware that there is a tax credit available that could help them. Working grandparents who are supporting their grandchildren may qualify for the earned income tax credit, which could reduce the amount they pay in taxes by thou... [read more]
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3 weeks ago
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In order to be eligible for Medicaid, you cannot have recently transferred assets. Congress does not want you to move into a nursing home on Monday, give all your money to your children (or whomever) on Tuesday, and qualify for Medicaid on Wednesday. So it has imposed a penalty on people who transfe... [read more]
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4 weeks ago
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One question we're often asked by clients is if we can help them find resources to help cover the high costs that can often be associated with aging; such as at-home care or a skilled nursing facility. Our answer is that we are happy to help clients address these concerns by evaluating benefits such... [read more]
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1 month ago
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Older Americans with a life insurance policy that they no longer need have the option to sell the policy to investors. These transactions, called "life settlements," can bring in needed cash, but are they a good idea?
If your children are grown and your mortgage paid off, you may decide that ther... [read more]
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1 month ago
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Hospice care is supposed to help terminally ill patients maintain their quality of life at the end of their life, but two new government reports find that serious problems in some hospices may be actually causing harm to hospice patients. The reports propose that additional safeguards are needed.
... [read more]
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1 month ago
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The Trump administration is officially rolling back a ban on the use of arbitration agreements by nursing homes that was initiated under President Obama. The Centers for Medicare and Medicaid Services (CMS) issued a rule that once again allows nursing facilities to use arbitration to settle disputes... [read more]
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2 months ago
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The winners of our raffle from the Active After 50 Senior Expo are announced!
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3 months ago
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As we've been talking about how much we enjoy having an office in the Julington Creek community, one thing we've discussed a great deal is how fortunate we are to serve so many clients at this location from numerous neighborhoods nearby in Duval and St. Johns counties.
Situated just south of Mand... [read more]
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3 months ago
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We're often asked by clients how our Elder Law Attorneys can help them be prepared for the need of long-term care. Our answer is that as a part of thorough Estate Planning, we create documents that are flexible enough to allow the use of various strategies to obtain and pay for long-term care. Sourc... [read more]
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