It is important to protect money from nursing home costs because if you do not take steps to ensure assets are safe, a nursing home can result in crippling financial loss. A nursing home costs thousands of dollars every single month and it is not covered by Medicare or by most private insurance providers except in very limited circumstances such as when skilled nursing care is required. In the vast majority of cases where custodial care is needed -- which means help is needed for … [Read more...] about How to Protect Your Parents Money from Nursing Home Costs
A nursing home lawyer can help you to research nursing care facilities where you can receive high-quality care. Finding the right nursing home is of vital importance because at far too many care facilities, nursing homes fail to take basic steps necessary to protect their residents and to provide the highest possible quality of life. For example, many nursing homes are understaffed, do not provide adequate training and supervision of staff members, and do not ensure that their staff members have … [Read more...] about Housekeeper Charged With Stealing Jewelry at Assisted Living Facility
People with disabilities are often unable to earn much income on their own. As a result, they have limited resources, and they qualify for need-based government programs. Medicaid is a health insurance program for people with financial need, and Supplemental Security Income is a source of modest financial support that can be used to pay for basic needs.If a person with a disability who is enrolled in these programs was to receive a direct inheritance, this would result in an improved … [Read more...] about Can I Protect My Inheritance With a Special Needs Trust?
The process of estate planning can on the surface seem like a matter of executing legal documents.It is indeed important to draw up a last will or create a trust to direct the future transfer of your financial assets. One should also have a living will and the appropriate durable powers of attorney to prepare for the possibility of incapacitation.The above having been emphasized you should also consider the matters of incapacity planning and estate administration and the practical … [Read more...] about Estate Administration: Consider Practical Realities