Medicaid and Gift-Giving Can Be Risky

Mabel’s children were concerned that Mabel would need long-term nursing-home care in the near future. It was the holidays, and Mabel always got a lot of joy out of generosity. But her children had heard that people in Mabel’s circumstances should not give gifts. The concern is real. For Medi-cal to cover the huge expense of nursing-home [...]

February 1st, 2019|

The Cost of Second Wedded Bliss

When people marry for the second time (or more), losing assets to pay for their new spouse’s serious illness is probably the last thing on their minds when they say “I do.” But that could happen. Current costs for long-term care facilities can run between $70,000 – $150,000 annually. According to Longtermcare.gov, studies show that 70% [...]

January 31st, 2019|

The surprising health risks of hearing loss

The findings from a 10 year study by the Journal of the American Medical Association (JAMA) have reported a link between hearing loss and health risks. The risks include a 50% greater risk of dementia, a 40% greater risk of developing depression and a nearly 30% higher risk of accidental falls. While hearing loss is [...]

January 3rd, 2019|

Common Mistakes When Planning for a Disabled Family Member

There are 58 million Americans five years of age or older that are identified as special needs making them the largest single minority in this country. The majority of federal and state benefits available to help persons with disabilities are needs based, meaning income and assets are strictly limited and can often by misinterpreted, resulting [...]

December 11th, 2018|

Alzheimer’s Factors to Be Aware Of

According to the Alzheimer’s Association, Alzheimer’s disease is a type of dementia that causes problems with memory, thinking and behavior. Symptoms usually develop slowly and get worse over time, becoming severe enough to interfere with daily tasks. Alzheimer’s affects a growing number of people. There are several factors known to play a role in Alzheimer’s. [...]

December 6th, 2018|