Category Archives: Medicaid Planning
What Are Your Long-Term Care Plans?
Many of us know that long-term care is expensive. It’s not uncommon for families to have to pay upwards of $100,000 or more per year for the care of one elderly relative. The cost goes up if there is more than one. Most people can’t afford to spend that much money in one year…. Read More »
What You Need to Know About Medicaid and Long-term Care Planning
While you may have heard of Medicaid and long-term care, you may not understand exactly how the two can go hand in hand. Florida has a huge Baby Boomer population, which makes aging an issue for those that are looking into long-term care in the future. The average cost of long-term care in a… Read More »
Inheritances Can Have Unintended Effects of Medicaid Benefits
Although the idea of receiving an inheritance may or may not be a positive thing, depending on who it is that passed away and left you the inheritance, there is one kind of inheritance that is almost always bad: The kind that jeopardizes your Medicaid benefits. Unfortunately, many Florida seniors lose or risk losing… Read More »