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So far Elder Law Attorneys has created 307 blog entries.

Comparing Traditional Medicare and Medicare Advantage

Recent research by the Kaiser Family Foundation examined the differences between traditional Medicare and Medicare Advantage. While people in either program were similarly satisfied with their care and overall care coordination, some distinctions became apparent. Traditional Medicare’s Strengths Traditional Medicare is a federal health insurance program for adults 65 and older and individuals with disabilities.

Resources for Caregivers of Older Adults with Dementia

Every year, 16 million people in the United States care for family and friends with dementia, the Centers for Disease Control and Prevention reports. Caregivers of people with dementia provide care for longer durations than those who assist individuals with other conditions. They also have comparably higher risks for anxiety, depression, and reduced quality of

Savings for Seniors: Lower Medicare Part B Premiums in 2023

For the first time in more than 10 years, Medicare Part B enrollees will see some of their costs decline. In an announcement issued by the Centers for Medicare and Medicaid Services (CMS), the agency outlined changes to the premium, deductible, and co-payment amounts for numerous Medicare costs taking effect in 2023. Medicare Part B

What You Need to Know About Medicaid’s Patient-Pay Obligation

Nursing home residents who qualify for Medicaid benefits to pay for their care are obliged to turn over their monthly income, typically Social Security and pension benefits, to the facility where they reside. This is the Medicaid recipient’s “patient-pay” obligation. Medicaid pays the rest. But there are a few exceptions to this patient-pay requirement. One

What Are Medicaid Asset Protection Trusts?

A Medicaid asset protection trust (MAPT) allows someone who requires long-term nursing home care to qualify for Medicaid benefits to pay for that care without first going broke. Medicaid is the only government program that pays for long-term care. Medicare and private health insurance don’t. Financial products such as long-term care insurance and life insurance

Can a Nursing Home Hold Friends or Family Members Responsible For a Resident’s Care?

If your loved one is entering a nursing home, you may worry whether you could be liable for his or her care. Under federal law, a facility that accepts Medicaid as payment for the cost of a resident’s care after the resident goes broke (almost all do) cannot require a family member or friend to

How Long Should I Hold on to Important Documents?

It is hard to know what documents to trash and when. Before you know it, your spare room, office, basement, or garage is overflowing with boxes of papers that all seem important. Trying to weed through the mess and figure out what to toss? Keep reading. What Should I Keep? There are some documents

Medicaid – With “Gift & Annuity” You Don’t Have to Wait Five Years

Medicare and health insurance don’t pay for long-term nursing home care. Medicaid does, without any time limits or dollar caps. But For nursing home residents, impoverishment is the price of admission into the Medicaid program.  While most spend themselves broke, a savvy few manage to qualify for Medicaid without forfeiting their estate.  One way to

Stop: Don’t Designate Your Investments As “Transferable On Death”

After his wife died Frank, a retiree, updated his estate planning. His new will passed his estate in equal shares to his three children.  Most of his assets consisted of investments managed in a brokerage account. Frank, unbeknownst to his lawyer and on the advice of his financial planner, later designated the assets in his