by David Edwards | Mar 7, 2017 | Aging Parents, EC-CareAffordabilityPage, Elder Care Advising, Nursing Home
So, what do nursing homes have to do with estate planning? When most people think about estate planning, they almost exclusively think of a Last Will & Testament, but a Will only works AFTER you pass away. A Will sets out what will happen, who’s in charge,... by David Edwards | Dec 29, 2015 | Aging Parents, Medicaid/Medicare
Cash payments or informal caregiver arrangements can affect your loved one’s ability to qualify for Medicaid upon going into a nursing home. Here’s what you need to know… Giving Money to Family Can Jeopardize Medicaid Eligibility When someone applies... by David Edwards | Nov 10, 2015 | Aging Parents, Nursing Home
We got another one of those calls the other day. It went something like this: “Mom has been in the nursing home for 3 years now and her money is gone. Is there anything we can do?” Our hearts sink when we hear this, because for this family, it’s too... by David Edwards | Feb 11, 2015 | Aging Parents, Elder Care Advising
One of the best things about Edwards Group is the fact that so many of our clients become like family, so there is a lot of give and take. They learn things through our email newsletters, along with our extensive website and free workshops, but did you know that our... by David Edwards | Oct 23, 2012 | Aging Parents, Estate Planning
Cash may be king, but keeping large amounts of cash at home is a big estate planning mistake. There’s nothing like cold hard cash right? Not where estate planning is concerned. Some people have a tendency to keep large amounts of cash at home. In our experience,... by David Edwards | Sep 14, 2011 | Aging Parents, Asset Protection, Nursing Home
“Are asset gifts to spouses exempt from the 5-year “look back” for Medicaid? –Charles A. Generally speaking, assets transfers to a spouse are exempt from the 5-year look-back rule. Transferring assets from the Medicaid applicant spouse to the...