When looking at pending nursing home admissions, people start to think about gifting their assets to their children, which can negatively impact their future Medicaid application. In Ohio, gifting ...
Dear Savvy Senior: If my mother needs to move into a nursing home, what are the eligibility requirements to get Medicaid coverage? — Caretaking Son Dear Caretaking Son: The rules and requirements for ...
Medicaid can pay for long-term care if you meet its means-testing restrictions. The federal-state program is designed to help only people of limited financial means. However, people with more ...
Question: My mom suddenly needs to be in a nursing home. Should I spend down her assets so she qualifies for Medicaid? Answer: If you’re in a situation where your mother needs nursing home care, you ...
I need your advice on a decision that is financially and ethically one of the most difficult I’ve ever had to make. As a child of the 1960s, I was born in a time when the elderly and disabled were ...
Dear Mr. Premack: If a marital property agreement exists and finances have not been co-mingled, can the assets of one spouse be considered when the other spouse needs to apply for Medicaid assistance ...
Planning for long-term care is a crucial but often overlooked part of estate planning. Determining who will care for you and how that care will be paid for can be an uncomfortable conversation, yet it ...
I am my mother's caregiver. She is 93. Four years ago she added my name to her checking and savings accounts and added me as the beneficiary on her pension and IRA. If, by chance, she has to go into a ...
Jenn Ochs lobbies against Medicaid cuts in Washington, D.C. for the 2025 Disability Policy Seminar. Courtesy: Jenn Ochs Anyone who benefits from Medicaid is restricted by asset limits. To receive ...
A significant number of Americans with more than $1 million in investable assets are either considering or have started selling off their assets to qualify for Medicaid to pay for their potential ...
'I was born in a time when the elderly and disabled were hidden away in back bedrooms and institutions' "As technology advances, I find it more difficult to do things most people take for granted." ...