If you have an elderly loved one with a disability, it may be something that they have dealt with all their life, such as the result of an injury as a young adult. It may also be the direct result of aging, such as the ramifications of a stroke. Either way, you know...
Disability And Long-Term Care Planning
What is the cost of an in-home caregiver?
When the elderly need extra assistance, they have numerous options. For instance, a child may simply start helping them and caring for them at first, leaving them largely independent. If their needs get to the point that the child cannot do enough, though, they may...
Will your family home impact your Medicaid eligibility?
As you get older, the property you own becomes more important. You may have built up years of memories in your family home. You may have raised your children there or spent time reading to your grandchildren. Preparing for Medicaid may leave you with an important...
5 questions to ask when selecting a trustee
When you establish a special needs trust, one of the most important decisions you make is your choice of trustee. Because they will have a great deal of power over the assets you place in trust, you want to select someone that you can rely on. What questions should...
Remember to include long-term care in the estate plan
Estate plans include many different legal documents. Comprehensive plans include insurance policies, wills, name an executor, and more. Some people plan for nearly every detail of passing their estate to their inheritors, focusing on an estate plan's financial...
Why should you work with an attorney for Medicaid planning?
Whether you need to apply for Medicaid in the near future or want to ensure that these benefits are available to you in your later years, the Medicaid planning and application process can be daunting. Working with an attorney could be one of the best ways to protect...
Long-term care planning: 3 tips to get the right care
Most people consider planning for retirement because it’s something they hope to be able to do in the future. With retirement planning in place, one thing you should remember is to add long-term care to that plan as well. Even in retirement, there may be a need for...
Signs a child may need long-term support
Parents often have the goal of raising their children to be capable and independent adults. Sadly, that is not always the case for everyone. Some families may have a child that has a severe mental disability and is unable to care for themselves. Depending on the...
Finding the right guardian for children with severe autism
Parents of children with level three autism often want to find someone who is responsible and capable enough to watch over their child if both of them were to die. According to the DSM-5, those with the condition often have a hard time communicating verbally and...
Will Medicare cover any nursing home costs?
Once you hit eligibility for Medicare at age 65, you may think you’ve got it made and you don’t have to worry about saving for future long-term care costs. However, that’s not the case. First, in 2019, the average monthly cost for skilled nursing home care in New...