There are lots of misconceptions about estate planning, and any one of them can result in costly mistakes. Understanding who needs an estate plan and what it should cover is key to creating a plan that is right for you.
Under Medicaid law, following the death of the Medicaid recipient a state must attempt to recover from his or her estate whatever benefits it paid for the recipient’s care.
Medicare’s Open Enrollment Period, during which you can freely enroll in or switch plans, runs from October 15 to December 7. Don’t let this period slip by without shopping around to see whether your current choices are the best ones for you.
The amount of money that Supplemental Security Income (SSI) recipients can have without losing benefits has been frozen at $2,000 since 1989. New legislation would increase that limit and make other changes.
Many people are getting ready to make gifts to family members, but gifts of cash or certain types of gift cards can compromise the eligibility for government benefits of a family member with special needs.
It may become harder for Medicare beneficiaries to find home health care due to a new rule from the Centers for Medicare and Medicaid Services (CMS). Although the rule changes the way home health care providers are reimbursed, it could affect patient care as well. ...
For several years it has been clear that ABLE accounts – a new form of tax-free savings account for certain people with disabilities – would not affect a person’s eligibility for important government benefits like Supplemental Security Income (SSI)...
A special needs trust can pay for many supplemental expenses of a disabled beneficiary, including things like recreation, education and travel.
It is important to know how debts get transferred and paid by your estate at your death so that you can plan accordingly.
February is American Heart Month! Taking care of yourself includes diet, exercise and documents? That is right, health care documents such as a Living Will and Healthcare Power of Attorney are crucial when creating your medical and self-care plan.
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