Is Receiving a Negative Inheritance Possible?

People who aren’t prepared for the cost of caring for aging parents may find themselves the victim of negative inheritance, which refers to the costs adult children must bear to care for loved ones that can outweigh any bequests they receive. This term is becoming more familiar to people as a growing number of Baby Read more about Is Receiving a Negative Inheritance Possible?[…]

New Rules Potentially Coming to Asset Transfer Penalties

The Department of Veterans Affairs (VA) recently presented a new proposal concerning the VA pension program, including the Aid and Attendance program, including: • Asset transfer penalties (for asset transfers within a three-year period of a benefits application) • Net worth limit adjustment to $117,240, to match Medicaid’s community spousal allowance for resources, to be Read more about New Rules Potentially Coming to Asset Transfer Penalties[…]

Before You Sign Up for Medicare – Know Your Options!

If you are approaching 65 years of age, you are probably considering Medicare. There are so many options when it comes to Medicare; therefore it is important that you research this thoroughly before you make a decision. The following are some of the basic medicare options you ought to know about regarding Medicare. One of Read more about Before You Sign Up for Medicare – Know Your Options![…]

Will Lawsuit Settlements Affect Medicaid Qualification?

Qualifying for Medicaid is quite challenging. Persons seeking eligibility for the same can qualify through a number of methods. Unfortunately, there are various problems associated with qualifying for such programs. Medicaid has stringent resource and income limitations. Limited funding has caused a low availability of waiver ‘slots’ accessible. The answer to ‘Will lawsuit settlements affect Medicaid Read more about Will Lawsuit Settlements Affect Medicaid Qualification?[…]

New elder care pilot programs coming to South Florida

Both the Palm Beach County and Broward County circuit court systems are participating with six other Florida circuit courts in elder care pilot programs to examine elder care coordination. Four other states will begin the two-year program with Florida. The elder care pilot programs involve guardianships of seniors and squabbling family members who can’t agree Read more about New elder care pilot programs coming to South Florida[…]