Understandably, it can be difficult to think too far in the future. However, when it comes to planning for the future, specifically your elder years, it is important to consider many scenarios. With much of the aging population spending their final years in a nursing...
Protecting Your Golden Years
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Medicaid Planning
What assets are exempt from Medicaid?
For many Atlanta area residents planning for long term care is important. Long term care, including assisted living and other skilled nursing care is extremely expensive and a person can run out of money quickly. Planning ahead for long-term care can be beneficial for...
What should I know about Medicaid planning and hospice care?
Georgia residents who are concerned about an elderly loved one who is ill or infirm and needs care will want the best for them. Finances are a frequent sticking point in ensuring that the proper level of care is provided. For those who are eligible for Medicaid, it is...
What is the Medicaid look back period?
Nursing home care is expensive. Some people in Georgia may have enough in savings or assets to pay for such care, but many others rely on Medicaid to pay for their stay in a nursing home. However, the process of getting Medicaid can be complicated. One issue that may...
Thinking of remarrying? Think of more than love
We all believe in the power of love. Even as we experience heartache and see past loves lost, we believe that all you need is love. The reality is sometimes quite different, of course. We need love, yes, but we also need the means to pay for a roof over our heads,...
Medicaid planning: Lawmakers considering options for seniors
People in their golden years often have increased needs for care. Though many can rely on their savings or on adult children for long-term care, there are many seniors in Georgia who do not have those options. They often have to rely on Medicaid to ensure that their...
June 2019 Archives
As you bask on the deck of your Lake Lanier lake home this summer, you may start to wonder if your family will continue to enjoy it once you are gone. If you wish to keep your lake house in your family so future generations can use it, it is essential to include...
New law may affect Medicaid planning
Seniors represent the fastest growing age group in Georgia and elsewhere as the baby boomer generation enters retirement years. Many in the population qualify for Medicaid. A new law that was recently signed by the governor of Georgia may impact how Medicaid planning...
Medicaid planning requires knowledge of the system
Anyone approaching the age of 65 understands there are few options for paying for long-term care if he or she should need it. Unfortunately, the chances of needing long-term care are high. In fact, at age 65, one has a 70 percent chance of requiring this kind of...
Medicaid planning follows a web of rules for asset retention
The enormous cost of residency in a nursing home or similar qualified facility in Georgia and other states can be an unexpected development that intrudes to deplete a family's assets. This can erase the carefully laid plans of a couple to enjoy their assets through...