For nursing home care, assisted living, in-home care, or adult foster care, individuals must meet the income and asset requirements of the Medicaid program. As a result of these rules, many candidates give away their money and resources to qualify.…
Medicaid is a federal and state program that helps people meet certain asset requirements pay for long-term care (LTC). Long-term care often creates devastating financial impacts on Americans, particularly the elderly, and for those family members who lose hours of…
There are costly mistakes that can be made when it comes to inheritances and Medicaid. When a person is drawing Medicaid benefits and inherits money or property, that inheritance jeopardizes the benefits. The inheritance must be handled carefully to minimize…