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 ...
When it comes to financial responsibilities throughout long-term care, it is not always so clear-cut. An important consideration is asset spend-down. This process is how one lowers their financial ...
Medicaid is a joint federal and state program that provides health coverage to low-income individuals, including children, pregnant women, people with disabilities and seniors. For seniors, it helps ...
Planning for long-term care is one of the hardest financial puzzles families face. In New York, one woman laid it out in plain terms on an aging-care forum: Can my mother cash out her annuity to pay ...
'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." ...