Long term care for people suffering from Alzheimerâs Disease and other progressive, degenerative neurological diseases comes in many forms. In past posts I have discussed nursing homes, assisted living facilities, adult day care and home care administered by professionals and family members. Another type of care that you may or
My Disabled Son is Going to Receive an Inheritance and Lose His Government Benefits â What Can We Do?
Mary calls with the following problem. Her father recently passed away and left a sum of money to each of his grandchildren, including Maryâs son, John. âSo, whatâs the problemâ, you ask. John is 25 and mentally challenged. He is disabled, doesnât work and receives Medicaid. Mary is concerned because
The recent deaths of two wealthy men, one very well known, the other not, illustrates yet again the complications and costs of not preparing an estate plan. The media has focused in the last few months on the story about Michael Jacksonâs death and its aftermath. No doubt we will
Mrs. Jones came in to see me. Her husband was diagnosed with Alzheimerâs three years ago and the disease has progressed to the point where he needs long term nursing home care. At the time of the diagnosis she talked to some family friends and they told her to go
Joe calls me because he wants to understand how Medicaid works. I start to explain how you have to spend down your assets before you can qualify for benefits. That the spend down has to be for value, meaning that you are spending your money and receiving something of equal