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What You Need to Know About Nursing Care and Aging

What You Need to Know About Nursing Care and Aging

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,...

Threats to Medicaid: Can You Prove It?

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...
What You Need to Know About Nursing Care and Aging

4 Periods of Planning for a Nursing Home

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...
What You Need to Know About Caregiving By 50, 60, 70

What You Need to Know About Caregiving By 50, 60, 70

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...
Large Amounts of Cash On Hand Can Spell Trouble

Large Amounts of Cash On Hand Can Spell Trouble

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,...

Ask the Attorneys: Medicaid’s Look-back Rule

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...
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