Category: Medicaid

Medicare doesn’t cover long-term care and does not apply until you’re 65 In 2014, the U.S. population had 46 million people age 65 and over, which was approximately 15 percent of the population. In 2011, “Baby Boomers” born between 1946 and 1964 started to turn 65. With the Boomers, the older adult population will reach […]

When planning for your financial future, having a power of attorney and planning for the need for Medicaid eligibility are some of the most important tools available in the estate planning process. However, properly creating a power of attorney for your Medicaid and estate planning needs is often a complicated process. Here is what you […]

Elder Law Attorneys in Gardner Ensure Families of Resources for Long-Term Health Care Needs There are very few overnight successes, and planning for Medicaid is not one of them You make plans for weddings, businesses, vacations, retirement, and more. However, healthcare costs can affect every project you have in the works. Even if you’re not […]

You have worked hard over the years to acquire the assets you have as a senior in retirement. But as you age, you will likely begin to face more serious and more expensive medical needs than you have ever experienced in your past. Protecting your assets is important to maintaining the financial stability of your […]

Thinking about needing long-term care such as a nursing home or assisted living facility is never a pleasant thought. However, it is an important possibility to consider when planning how you will protect and preserve your assets and legacy for your beneficiaries in the future. Proactive Medicaid planning is an important topic to consider when planning for […]

As many people are approaching age 65 and beyond, it is more important than ever for baby boomers to consider appropriate strategies to protect their money from Medicaid. Most of these adults do not have long term care insurance or enough personal assets to pay for nursing home and related care, however, many of them may […]

Understanding Medicaid’s look-back period and the associated penalties Many people who need long-term care are also reliant on Medicaid to help cover the costs of their long-term care facility. This is because Medicare and most private insurance companies do not cover long-term care, but Medicaid does. Many seniors do not have an issue with Medicaid’s […]

Most seniors depend on Medicare to provide the coverage for their healthcare costs they need to protect their financial stability and assets. However, there are many major healthcare costs Medicare does not cover. Additionally, some people will need access to expensive medical care before they are eligible to begin receiving Medicare benefits. Medicare isn’t enough […]

Medicare doesn’t cover long-term care and does not apply until you’re 65 In 2014, the U.S. population had 46 million people age 65 and over, which was approximately 15 percent of the population. In 2011, “Baby Boomers” born between 1946 and 1964 started to turn 65. With the Boomers, the older adult population will reach […]