In the future, long-term care is expected to undergo major changes, presenting a number of challenges. A multi-faceted approach that includes policy changes, investment in the health care workforce, technology advancements, and a shift toward person-centered and community-based care models…
Wealth transfer can be protected from excessive taxation by applying tax avoidance principles. Still, it requires careful planning and oversight to ensure techniques don’t cross the line to tax evasion. Assessing tax options can determine the best way to conduct…
A trust is not only a tool for the wealthy. In addition to serving many functions, they solve specific problems relating to the dynamics of families that have little to do with wealth. Do you want to keep your affairs…
On May 11, 2023, the Covid Public Health Emergency (PHE) was formally ended by the federal government. The conclusion of the PHE also ended a requirement of the Families First Coronavirus Response Act (FFCRA) that kept people continuously enrolled in…
The Medicaid agency reviews a beneficiary’s eligibility for continued Medicaid coverage during the Medicaid redetermination process. Typically, this process occurs annually. However, during the pandemic, the federal government enacted the Families First Coronavirus Response Act (FFCRA), requiring continuous Medicaid enrollment without redetermination…
It may be necessary for you to act as a power of attorney for a family member or a friend. Your person may be planning for when they might become unable to take care of their affairs. For example, they…
It may be worth reconsidering Medicaid if you believe you will not be able to qualify for long-term care benefits due to Medicaid’s strict income and asset limits. If you currently demonstrate the need for nursing home facility services, you…
A probate court validates a will and ensures an executor manages the decedent’s assets and debts in accordance with the law and the decedent’s wishes. To begin probate, a personal representative or executor must file with the county court where…
Medicaid is a federal program that provides financial assistance to individuals who meet the minimum income and asset requirements for nursing home care, assisted living, in-home care, and adult foster care. As a result of these rules, many candidates give…
Guardianship most commonly implies that a minor child is under the care of an adult relative or friend. However, you can employ the process to obtain legal rights over elderly or aging adults, usually, parents, who are losing their physical…