Medicaid & Long-Term Care Planning

We are living in confusing and scary times. The senior population has been identified as the most at-risk demographic for COVID-19. Information coming out about COVID-19 is very fluid, which can also contribute to overall stress. Thankfully there are ways…

Say your spouse is living in a nursing home because of advanced Parkinson’s. Your spouse is currently receiving Medicaid benefits to pay for the high cost of that care. If you were to pass before your spouse, you wouldn’t want…

South Carolina Medicaid planning is often used when a person requires long-term care and does not have private insurance or the financial resources to pay out-of-pocket. Many factors need to be considered to determine whether Medicaid is the best option…

Assisted living rent can vary from $2,000 to $5,000 monthly. Depending on what type of care your loved one needs, assisted living can be the most affordable solution when compared to a nursing home ($5,000 to $10,000 or more per…

Choosing a nursing home for a loved one is an important decision and should be carefully considered. It is important for families to take the time to explore nursing home options and to carefully assess the nursing home facilities in…

The general Medicaid eligibility rule is that a person can’t have more than $2,000 in countable assets. If you are trying to become eligible for Medicaid to pay long-term care costs, you may need to spend down your assets or…

Medicaid planning is a part of long-term care planning. Many people over age 65 will need long-term care at some point, and the costs of this type of care are very high. Everyone should include long-term care planning in their…

Long-term care is not a one-size-fits-all service. There are a number of different long-term care options available depending on your health, finances, and other factors. Everyone approaching retirement age needs to consider the potential expense of long-term care. You may…