If a loved one may need Medicaid assistance in the near future, it is important for that person to abstain from giving gifts. While this can be especially hard for people who get joy out of generosity, gifts in this…
A joint federal and state program, Medicaid is available to eligible individuals who meet particular asset requirements that help them pay for long-term care (LTC) costs. Long-term care often causes devastating financial impacts for Americans, particularly the elderly, and for…
Let’s pretend your spouse is living in a long-term-care facility due to a disabling health issue, like Parkinson’s. Your spouse is currently receiving Medicaid benefits to pay for the high cost of that care. If you were to pass before…