Blog Archives

More Numbers of 2019

       In my blog post last week, I disclosed some of the important numbers that change year to year with respect to the Medicaid and VA Aid and Attendance programs that we work to obtain for many of our clients. Here are the rest of the important numbers as well as 2019 Medicare […]

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Raising a Grandchild (Part 2)

       In last week’s post I focused on an increasingly common family arrangement in which -for several different reasons – grandparents who expected to retire and live a more leisurely lifestyle instead find themselves caring for their grandchildren.        This often starts as a temporary solution but over time becomes a […]

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Trumpcare – What Doe it Mean for Long Term Care? (Part 2)

        Last week I was discussing the impact that the Republican party’s health care bill, dubbed by some “Trumpcare”, might have on long term care.    As of Friday it appears that the American Health Care Act is dead and Obamacare, at least for now, is still with us.  Nevertheless, let’s take a look at how […]

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Can Family Pay for Private Room When Loved One is Receiving Medicaid? #Medicaid

            It’s a question that I’ve been asked numerous times over the years.  It’s also one that has caused a lot of confusion.  I’ve spoken with some nursing homes who have told me their belief that it violates Medicaid rules.  That is incorrect.             Here’s the scenario.  Mom receives Medicaid, which pays for a semiprivate […]

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What Happens When You Don’t File for Medicaid When You Should (Part 2) #Medicaid

            Last week I was telling you about the call I received from Shelly.  Her mom was sued by the nursing home where her husband resided for the last 4 months of his life.  She failed to file a Medicaid application which would have covered the cost of that care.  The nursing home obtained a […]

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Nursing Home Resident with Personal Injury Claim #Medicaid

            A personal injury attorney called me recently for assistance.  Melissa had settled a claim for damages resulting from the negligence of a nursing facility in which her client, Mary had been living.  Mary’s net settlement after paying her legal fees and the costs of the lawsuit is approximately $100,000.             Melissa told me it […]

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Why Won’t the Government Cover My Care?

            It’s a comment we get frequently when someone calls our office just after getting sticker shock at the cost of their loved one’s long term care. Some get angry upon hearing that, if they have assets but no long term care insurance coverage, they’ll need to use their own funds to pay for care. […]

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Planning Before the First Spouse Dies (Part 2)

            Last week I was telling you about Mary’s call.  Her mom is in a nursing home paying $11,000 per month and her sister, Terry is in a group home.  Mary doesn’t want to spend down all of Mom’s assets towards her care.  She wants to be able to save some for her sister’s needs, […]

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Planning Before the First Spouse Dies

            Mary called because her mom was in a nursing home paying $11,000 per month. Her sister, Terry, disabled and living with Mom for many years, had her own health problems and was now living in a group home.             I asked about her mom’s finances. Mary told me she owned a home worth $450,000 […]

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The Problem with IRAs – Part 2)

            Last week I was explaining the problem with IRAs and long term care.  If you need care at $125,000 per year or more but want to protect your IRA, what are your options?  It’s always easiest to illustrate by way of an example.             Bill has an IRA worth $1.2 million and he doesn’t […]

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