Protecting Your House from Medicaid Estate Recovery
After a Medicaid recipient dies, the state must attempt to recoup from his or her estate whatever benefits it paid for the recipient’s care. There are steps you can take to protect your home.
What Is the Difference Between a Living Will and a Do-Not-Resuscitate Order?
It is a very good idea to create advance directives in order to plan for the possibility that you may one day be unable to make your own medical decisions. In doing so, there can be confusion about the difference between a living will and a “do-not-resuscitate” order.
Tips on Creating an Estate Plan that Benefits a Child with Special Needs
Parents want their children to be taken care of after they die. But children with disabilities have increased financial and care needs, so ensuring their long-term welfare can be tricky.
How to Fight a Nursing Home Discharge
Once a resident is settled in a nursing home, being told to leave can be very traumatic. Nursing homes are required to follow certain procedures before discharging a resident, so it is important to know your rights.
What’s a Health Care Proxy and Why Do I Need One?
If you become incapacitated, who will make your medical decisions? A health care proxy allows you to appoint someone else to act as your agent for medical decisions.
Medicare Beneficiaries Need to Know the Difference Between a Wellness Visit and a Physical
Medicare covers preventative care services, including an annual wellness visit. But confusing a wellness visit with a physical could be very costly.
Maximizing Social Security Survivor’s Benefits
Social Security survivor’s benefits provide a safety net to widows and widowers. But to get the most out of the benefit, you need to know the right time to claim.
Using a Donor-Advised Fund May Be a Way to Get a Charitable Tax Break Under the New Tax Law
Donor-advised funds are a growing trend in giving that may get more popular due to the new tax law.
How to Deal With Student Loan Debt as You Age
The number of older Americans with student loan debt – either theirs or someone else’s — is growing. Sadly, learning how to deal with this debt is now a fact of life for many seniors heading into retirement.
A Tax Break to Help Working Caregivers Pay for Day Care
Paying for day care is one of the biggest expenses faced by working adults with young children, a dependent parent, or a child with a disability, but there is a tax credit available to help working caregivers afford day care (called “adult day care” in the case of the elderly).