For many hard-working adults, savings accrued over a lifetime of hard work will become their legacy when they die. In some cases, people have savings accounts or investments that they pass to their children, grandchildren or other loved ones. There are also many...
Maybe you currently live in Minnesota and are about to relocate to Florida for your retirement. Perhaps you have been a lifelong Florida resident and are in the process of preparing your estate and ensuring your financial stability in the near future. When you have...
Medicaid is a free or low-cost type of medical coverage that many older adults benefit from in America. While you may have a good financial situation now and not believe that you’ll need Medicaid in the future, there is actually a good reason to make sure you can...
Medicaid planning is a useful tool for preserving your estate for your family while still qualifying for federal assistance to pay for nursing home care for yourself or your spouse. It is also a complex process. Without meaning to, you can easily make a mistake that...
Long-term nursing care or assisted living does not come cheap. Fortunately, Medicaid benefits can help defray some of the costs. Unfortunately, the income restrictions needed to qualify for Medicaid are strict. Most people are surprised to find that they do not...
If you are thinking about giving away your house to your children, be careful. While it can seem like a generous gesture and smart financial move, it actually can cost you and your family more overall. Because Medicaid is a need-based program, most people need to do...
