There are other types of policies and investments that you can use to get long-term care benefits.
For those of us with aging parents or other loved ones, there are some important things to consider.
For couples who face depleting their own assets, using a Medicaid-compliant annuity could be a way to preserve assets and still qualify for Medicaid.
Adult children typically don’t have to pay their parents’ bills. However, there are exceptions. Even when a child doesn’t have to pay directly, debt could reduce what they inherit.
Elder law attorneys can help with a long list of legal matters that seniors often face…
Although the Medicaid system may be a generally recognized public benefit, the intricacies of the program usually do not become relevant to individuals, until they face the need to use it.
If you get your health insurance through the public marketplace and are nearing age 65, don’t forget about Medicare.
Using a lawyer is always a better choice than going through the process independently.
A living will is a legal document that allows you to specify the kind of care you’d like to receive in end-of-life situations. This is different from an advance healthcare directive, though either one can be an important part of an estate plan.
There’s plenty of frightening data on retirement planning in the U.S., even before you consider COVID-19.
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