As we grow older, many of us fear the possibility that we could be diagnosed with dementia. Few things are more frightening than the thought of losing our independence to this progressive disease. Researchers at the University of Cambridge now say signs of dementia may appear up to nine years in advance of when the illness is typically diagnosed.
As people age, health and mobility issues can make independent living at home more difficult. However, not everyone can afford a nursing home or assisted living, and not everyone wants to move to one of these facilities.
Are you aware that health insurance and Medicare don’t cover long-term care costs? If you’re planning how you’ll finance long-term services, this could create a problem. With the cost of long-term insurance rising, Medicaid might be the next best option. We’ll cover how to apply for Medicaid and what you should be aware of. Before […]
When thinking about social security benefits, have you ever heard of retroactive payments? It might be nice to receive a lump sum of payments all at once, but it comes with a catch! Before accepting the payment, learn what you’re missing out on. Follow along with the rest of our blog to see what you […]
The Medicaid application process can be very confusing and may introduce complications without the help of a professional. Our team at Curran Estate Law can help navigate these obstacles so your application is completed swiftly and without error. We want to identify when you should hire assistance and other details related to Medicaid. First, what […]
In our past few blogs we have been focusing on Medicaid and qualifying for it. This month we wanted to talk about if a Medicaid recipient is in a nursing home and their spouse, not in a nursing home passes away. If one spouse has to go into the nursing home, some planning can be […]
When planning for the future, you need to think about gifting assets to family and when you should do it. You want to make sure that your gifted assets are done before five years of applying for Medicaid. If you end up gifting assets within five years of applying, you may be subject to a […]
Due to inflation, prices are rising and that is holding true to Medicare Premiums as well. They are set to rise sharply in 2022, which is going to cut into the large Social Security cost-of-living increase. Currently, the basic monthly premium is $148.50, and it’s set to jump 15.5% to $170.10 a month. Many individuals […]
