When you hear the term “Medicaid planning,” you may scratch your head for a moment. Why would anyone plan ahead to be able to qualify for a health care program that is only available to people with limited resources? The financial goal of life is something very different, right?All of the above is completely understandable, but there is a good reason why Medicaid is quite relevant to people that were never financially needy throughout their lives. This program will pay for a stay in a … [Read more...]
Develop a Holistic Plan for Aging
The human condition is not static, and everyone understands this within certain limits that are easy to embrace. For example, you know that you are going to have new responsibilities when you transition out of childhood into adolescence and young adulthood. That being said, once you are settled into a particular identity as a self-supporting grown-up, you can fall into the sense that things will be more or less the same going forward. Yes, you are invariably going to have career goals and other … [Read more...]
Medicaid Planning: Definitions of Key Terms
Before you look into the subject very deeply, it is natural to wonder why you would ever need to know about Medicaid if you are going to qualify for Medicare as a senior. This is understandable, and it is one of the core issues in the elder law arena.Medicaid is important for seniors because Medicare will not pay for a long-term stay in a nursing home. Medicaid will pick up the tab if you can qualify. This is why Medicaid planning should be on your radar.These facilities are extremely … [Read more...]
Q & A Session With an Elder Law Attorney
Most of our clients are somewhat surprised when they find out how an elder law attorney can help them preserve their legacies for the benefit of their loved ones. We often hear many of the same questions when we interact with people here in our office, and this gave us an idea. In this blog post, we'll share a hypothetical question-and-answer session between a client and a member of our firm. Do a lot of people need nursing home care eventually? One of the very best elder law resources on the … [Read more...]
Medicaid Planning: Action Is Required
Our Charlotte elder law attorney assists people who are concerned about the eventualities of aging. The major elder law issue of our day is long-term care and the costs that go along with it.Many people assume that Medicare will pay for long-term care, and this makes sense since the program is ostensibly designed to address medical issues that seniors typically face.A lot of us would say that it isn't fair, but Medicare will not pay for help with your activities of daily living -- your … [Read more...]
