Category archives: Skilled Nursing Home Care
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2 months 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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2 months ago
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A promissory note is normally given in return for a loan and it is simply a promise to repay the amount. Classifying asset transfers as loans rather than gifts can be useful because it sometimes allows parents to "lend" assets to their children and still maintain Medicaid eligibility.
Before ... [read more]
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3 months ago
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Although a nursing home cannot require a child to be personally liable for their parent's nursing home bill, there are circumstances in which children can end up having to pay. This is a major reason why it is important to read any admission agreements carefully before signing.
Federal regula... [read more]
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5 months ago
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Medicaid is a needs-based public assistance program. People who properly apply and qualify for Medicaid can use these benefits to cover the high cost of a skilled nursing home or at home care.
Timing is one of the most important parts of the rigorous Medicaid application process. When to apply fo... [read more]
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5 months ago
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A new study has found that people enrolled in a Medicare Advantage plan were more likely to enter a lower-quality nursing home than were people in traditional Medicare. The study raises questions about whether Medicare Advantage plans are influencing beneficiaries' decision making when it comes to c... [read more]
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7 months ago
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We're often asked by senior clients who are aging and/or experiencing health challenges if, in addition to providing Estate Planning services, we can also help them manage the many practical issues with aging in place at home as their lives are becoming more complicated and challenging. Our answer i... [read more]
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