What to Do If Your Medicaid Application Is Denied
If you apply for long-term care assistance through Medicaid and your application is denied, the situation may seem hopeless. The good news is that you can appeal the decision.
DetailsWhy Small Business Owners Need an Estate Plan
Running a small business can keep you busy, but it should not keep you from creating an estate plan. Not having a plan in place can cause problems for your business and your family after you are gone.
DetailsWhen to Leave a Nursing Home and Move Back Home
Leaving a nursing home to return home is a goal for many residents and their families, but it requires careful consideration. While returning home is a good move for some, it won’t work for everyone.
DetailsUsing a Roth IRA as an Estate Planning Tool
A Roth IRA does not have to be used as just a retirement plan; it can also be a way to transfer assets tax-free to the next generation.
Details5 Rights That Trust Beneficiaries Have
As a trust beneficiary, you may feel that you are at the mercy of the trustee, but depending on the type of trust, beneficiaries may have rights to ensure the trust is properly managed.
DetailsShould You Prepare a Medicaid Application Yourself?
Navigating the Medicaid application process can be complicated, especially if you are applying for long-term care benefits. Having an attorney help you through the process can be extremely helpful.
DetailsMedicaid’s “Snapshot” Date and Its Crucial Impact on a Couple’s Financial Picture
When a married couple applies for Medicaid, the Medicaid agency must analyze the couple’s income and assets as of a particular date to determine eligibility. This “snapshot” date can have a major impact on a couple’s financial future.
DetailsBiden Proposes Major Nursing Home Reforms, Most Extensive “In Decades”
The Biden administration has announced far-reaching nursing home reforms. Advocates are calling the proposals, which include the first-ever federal minimum staffing levels, the most significant reforms in decades.
DetailsWhen to Avoid Naming a Trust as Beneficiary of Your Retirement Plan
Naming a trust as a beneficiary of your retirement plan can be a good idea in some circumstances, but it can be dangerous if you are worried about creditors coming after your estate.
DetailsIf You Don’t Want an IRA Distribution, You Can Donate It to Charity
Not everyone needs their required minimum distributions from their retirement accounts to make ends meet. If you don’t need your distribution, one option is to donate it to charity and not pay taxes on it.
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