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Saturday, November 07, 2009

The CLASS Act Stays in the Picture: A measure that would establish a new national long-term care insurance program continues to survive the long legislative march towards health reform . . .
Financial Crisis Affects Prepaid 529 Plans: Many prepaid 529 plans are running out of money, causing states to impose higher fees or consider shutting them down. . .
Who Gets What? Dividing Possessions Before Death: Who should have grandma's dining room table or diamond ring? How should family photos be distributed? Dividing up...
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Questions + Answers

What are the acceptable ways of spending someones $$$ who is applying for Medicaid? Can it be on clothing, home furnishings or appliances? Can funeral arrangements be pre-paid? What other ways can be used without Medicaid seeing it as a cash value or asset that they can cash in on? Get the Answer »

This book provides a guide to the legal and ethical aspects of caring for a family member with Alzheimer's disease.

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Under current law, there will be no federal estate tax next year. Do you think Congress will allow this to happen? Yes No Submit Vote See Results So Far

	ElderLaw Tips
If you remarry, you need to update your estate plan. Find out why... Appealing a Medicare coverage denial is easy, and you have a good chance of winning, so it is worth your while to challenge it. Find out how... Once you have written a new will, in most cases you should destroy your old will, but not always. Read more... Many divorced or widowed seniors receive Social Security from their former spouses, and remarriage can affect benefits. Find out why... Medicare's coverage of nursing home care is quite limited. Learn more ... For Medicaid applicants who are married, only income in the applicant's name is counted in determining eligibility. The spouse's income is not counted. Find out why... If you get help from Medicaid to pay for nursing home care, the state may file a claim against your house after you die. Read more... Most people can't afford to buy a gold-plated long-term care insurance policy that covers any possible need for any number of years. So, what should you cut, the daily benefit amount or the number of years of coverage? Most experts advise cutting the length of coverage. Find out why . . .

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