Blogs

What Assets Can I Keep When My Spouse Qualifies for Medicaid?

If your spouse requires long-term care in a skilled nursing facility, the costs can be significant. Nursing homes can cost nearly $100,000 per year and many retirees could quickly exhaust their entire life savings paying for the costs of nursing care.  This is a big problem when one spouse needs to go into a nursing home […]

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Does Medicaid Pay For Long-term Care in the Home?

Medicaid provides important benefits for seniors and other individuals who are unable to care for themselves and who need long-term care. While many seniors benefit from Medicaid coverage to help pay the cost of a nursing home, there are also situations where a senior or his/her family members want to ensure that their loved one […]

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Avoid Blowing Veteran’s Benefits

Check out this article from WealthManagement.com.  It talks about how selling trusts and life insurance to war veterans can be tricky.  Dealing with both Medicaid and VA rules can be very complicated.  One misstep could disqualify a veteran from important benefits.  Click on the following link to read the article: Avoid Blowing Veteran’s Benefits

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Paying for Assisted Living and Nursing Home Costs

Long term care costs including assisted living facilities have a wide range of costs depending on the level of care required. Assisted living facilities that provide an extended care unit can range from $2,000 to $5,000 per month. Nursing homes can cost as much as $7,500 per month. Each facility may offer many levels of […]

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Non-Service Related Pensions for Veterans

Two benefits available to vets or their widows are the Improved Pension and the Aid and Attendance Program. Both programs require the vet to have served for 90 days of active service with at least one day of service during wartime with no dishonorable discharge. Vets who entered service after September 8, 1980, may have […]

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