Can I Give My Kids $15,000 a Year?
If you have it to give, you certainly can, but there may be consequences should you apply for Medicaid long-term care coverage within five years after each gift.
It’s Now Harder for Veterans to Qualify for Long-Term Care Benefits
The Department of Veterans Affairs has finalized new rules that make it more difficult to qualify for long-term care benefits. The rules establish an asset limit and asset transfer penalties for claimants applying for VA pension benefits.
It’s Important to Shop Around for Your Medigap Policy
Medigap premiums can vary widely depending on the insurance company, according to a new study, so be sure to shop around before choosing a policy.
Don’t Wait Too Long to Purchase Long-Term Care Insurance
The older you get, the harder it is to qualify for long-term care insurance. If you are interested in buying this insurance, it is better to act sooner rather than later.
How Long Will You Live? Four Life Expectancy Calculators
How much you need for retirement depends a great deal on how long you expect to live. There are now many Web-based calculators that can give you an idea of your life expectancy.
Aretha Franklin’s Lack of a Will Could Cause Huge Problems
According to court documents, legendary singer Aretha Franklin did not have a will when she died, opening up her estate to public scrutiny and unnecessary costs and uncertainty.
Fear of Losing Home to Medicaid Contributed to Elder Abuse Case
A family's fear of losing their home to Medicaid may have contributed to a severe case of elder abuse. It all could have been avoided if they had consulted with an attorney.
Proposed New Medicare Payment System May Affect Beneficiaries
Medicare is proposing a new flat rate reimbursement system for doctors who treat Medicare patients. Some worry that the plan may cause fewer doctors to accept Medicare.
Lawsuit Alleges Assisted Living Facilities Discriminate Against Wheelchair Users
A lawsuit in New York state highlights an issue with some assisted living facilities: No wheelchairs allowed.
Where’s My New Medicare Card? How to Find Out the Status
The federal government has begun mailing new Medicare cards to 59 million Americans. You should keep track of when your new card will arrive and contact Medicare if you don't receive it.