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MEDICARE VERSUS MEDICAID IN THE NURSING HOME SETTING When we talk about Medicaid asset protection, I often hear from clients “but I already have Medicare,” or “I have money, so I’ll never qualify for Medicaid.” But in the context of chronic care, there’s a lot of nuance to these issues. Here are the key differences:…

WHAT NOT TO DO IN YOUR ESTATE PLAN   We frequently discuss good estate planning practices in this column, but here are some things that you absolutely should not do when drafting your will or trust: Settle Scores With a limited exception for spouses, no one has the legal right to inherit from you. You…

WHAT TO KNOW ABOUT PAYING FOR NURSING HOME CARE The time period in which an elderly loved one goes to a skilled nursing facility can be one of the most emotionally wrought and challenging experiences for a family. Unfortunately, one of the most stressful aspects of the ordeal is how the nursing home bills are…

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