Your Estate is Planned. You did the responsible thing. You engaged a professional to draft an Estate Plan. The documents are signed, sealed and notarized. You feel at peace that your family is cared for, your assets are assigned, and your estate will be peaceably...
The Coronavirus has not only overwhelmed us with health concerns, it also has had significant economic ramifications, as indicated particularly by the decline of the stock market. Though many are preoccupied with fears relating to the short-term effects on their...
The coronavirus relief bill includes a direct payment to most Americans, but this has Medicaid recipients wondering how the payment will affect them. Because the payment is not income, it should not count against a Medicaid recipient’s eligibility. The Coronavirus...
The basic Medicaid rule for nursing home residents is that they must pay all of their income, minus certain deductions, to the nursing home. The deductions include a $60-a-month personal needs allowance (this amount may be somewhat higher or lower in your state), a...
The Trump administration has unveiled a plan to allow states the option to cap Medicaid spending using block grants. While this change does not directly affect nursing home residents on Medicaid and is billed as a way to improve state flexibility in running Medicaid...
For years people have been worried about Social Security’s future, but what is the actual outlook? According to the federal government, unless Congress acts to intervene, Social Security shortfalls are expected beginning in 2035. Social Security...
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