Disability Planning FAQs
Do I Need Help Obtaining Medicaid for Nursing Home Costs?
Getting benefits from Medicaid for nursing home costs may be something that is easy and straightforward for some. For others, those who want to protect assets from nursing home costs, the Medicaid planning process and the application for Medicaid benefits to pay for...
How can I avoid being impoverished by the high cost of nursing home care?
Nursing home care in a skilled nursing home in Northeast Florida now averages about $85,000 per year. If you, or a family member or other loved one, needs skilled nursing home care, there are only three ways to pay for the cost of the nursing home care. The first is...
Proper Long Term Care Planning Helps Ensure Best Care
There is no question that long term care for the elderly is expensive. Similarly, there is no question that as the population ages, the cost of long term care will continue to increase if for no reason other than the basic economic propositon that increased...
Why You Should Not Create a Special Needs Trust
Let's say you have a child with "special needs," or a sister, brother, mother or other family member. You have not created a special needs trust as part of your own estate plan. Why not? We know why not. We have heard pretty much all the explanations and excuses. Here...
Veterans Pension Benefits – Aid and Attendance – Housebound Aid
For about the last year I have been an Accredited Attorney with the Veterans Administration, Department of Veterans Affairs. Over that period of time I have been exploring all of the nuances of Veterans Benefits and the situations in which Veterans Benefits can be of...
Aging Boomers Ignorantly Blissful About Long Term Care
Ignorance is bliss! The baby boomers, turning 65 at the rate of 10,000 per day, seem to be fooling themselves into believing they won't need long term care during their lifetime. In a recent study conducted by Genworth Financial (the 2011 Financial Reality Check...
Special Needs Trusts – Shifting Purpose, Increasing Value
Over the past week, our office has experienced an unusual influx for a one week time period: three new clients seeking special needs trust planning for their disabled relatives. One case dealt with autism, one with Downs Syndrome, and one with severe...
