Estate Planning Across the Generations

Estate Planning is important at any age.  The type of planning required is different across the generations, such as during the earning and accumulating years, during the planning years in which a family is growing, and during the protecting years as a person approaches retirement and beyond. One common denominator for all generations is the … Continue reading Estate Planning Across the Generations

Medicare Coverage for Rehab or Nursing Home: Watch Out for the 3-Day Hospital Stay

It is commonly understood that if an individual is transferred from a hospital directly to a nursing home or rehabilitation center, s/he will be entitled to Medicare coverage for a certain period of time.  But be careful:  a new status category employed by hospitals may thwart those benefits. When an individual has a 3-day hospital … Continue reading Medicare Coverage for Rehab or Nursing Home: Watch Out for the 3-Day Hospital Stay

Retirement Assets and Medicaid Eligibility

In order to become eligible for Medicaid benefits for home health care or nursing home care, an individual must have less than the resource allowance amount as set by the State. But not all assets are treated the same.  Retirement assets are in a category of their own.  A qualified retirement account such as an … Continue reading Retirement Assets and Medicaid Eligibility