Planning for Getting Older

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It’s 2017. Another year has disappeared into history. If you are like me, the older you get, the more quickly each year seems to pass. January is the month when people make resolutions for the New Year. If you are over age 60, and especially if you have reached age 70 (like me), consider this […]

Community Spouse Resource Allowances for 2017

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The cost of care in a nursing home can devastate the lifetime savings of a married couple. In recognition of this problem Congress passed a law in 1988 which was intended to limit the “spousal impoverishment” that can result when one spouse becomes a nursing home resident. Under this Medicaid law, minimum amounts of financial […]

How to Avoid Medicaid Estate Recovery

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It is an unfortunate reality of aging. If we live long enough most of us will eventually have a chronic condition or illness that limits our ability to do some basic tasks. We may need help with household chores, shopping, money management, medications or transportation. Or we may need assistance with so-called “activities of daily […]