Blog: nursing home

 

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Is My IRA Safe From the Nursing Home?

Posted on June 11, 2019 by
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After working and saving, clients are concerned that unexpected costs will become unplanned for drains on their Retirement Accounts (e.g, 401(k), IRA, Roth IRA, 403(b), etc.). As the need to pay for nursing home care nears, those concerns grow and questions begin to be asked about whether retirement accounts are safe from the nursing home. […]

Myth Busters: Dispelling 5 Myths About Medicaid’s Long-Term Care Coverage

Posted on March 12, 2019 by
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Did you know that Medicaid is the largest source of funding for nursing home care?  Medicaid, often called Medical Assistance or Title 19, has many rules that are confusing, and thus a mystery to many people.  Even more of a mystery surrounds the idea that you can protect your assets and still be eligible for […]

Will the Nursing Home take my house?

Posted on January 16, 2019 by
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When faced with the possibility of paying for nursing home care, many people I meet with are concerned about what will happen to their house. Inevitably, I am asked, “Will the nursing home take my house?” To protect the house, clients want to immediately give it away to their child or children. Although this sounds […]