by David Edwards | May 31, 2022 | Medicaid/Medicare, Nursing Home
This is the real-life story of two sisters, an annuity, nursing home costs, and why Medicaid Planning matters. Mom did not have much, but she owned her home, had a steady retirement income, and had purchased two annuities. Each in the amount of $50,000. Each daughter...
by David Edwards | Mar 22, 2022 | EC-MedicaidPage, EC-MedicarePage, Medicaid/Medicare, Nursing Home
Medicaid and Medicare are the two primary healthcare programs available to assist seniors with medical expenses. Unfortunately, their names are very similar, so it causes a lot of confusion. In this article, we will try to reduce some of that confusion by summarizing...
by David Edwards | Mar 10, 2022 | Wills and Trusts
When a loved one needs nursing home care, that is one of the most stressful things a family faces. We help families every day deal with this difficult issue. One of the biggest concerns is often “how do we pay for it?” Nursing homes are expensive, often $7,000 per...
by David Edwards | Dec 20, 2019
Medicaid ELDER CARE Using a government benefit such as Medicaid is a fairly common way to pay for long-term care. According to AARP, 65% of nursing home residents use Medicaid to pay for their care. Unfortunately, there is a lot of misinformation out there, which...
by David Edwards | Jan 24, 2018 | EC-MedicaidPage, Medicaid/Medicare
Using a government benefit such as Medicaid is a fairly common way to pay for long-term care. According to AARP, 65% of nursing home residents use Medicaid to pay for their care. Unfortunately, there is a lot of misinformation out there, which makes this very...