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How to Prepare for Long-Term Care Costs

High healthcare costs often do not align with the fixed income of older individuals, raising concerns about affordability and accessibility. This article examines the need for long-term care, why Medicare is not a long-term option, and how Medicaid Planning helps seniors plan for skilled nursing care while protecting their nest egg proactively.

Posted on: September 30, 2024

Medicaid Planning and Irrevocable Trusts in Minot, North Dakota

Explore the pros and cons of using irrevocable trusts for Medicaid planning—secure assets while navigating complex eligibility rules.

Posted on: June 20, 2024

A couple wondering about the difference between Medicaid Planning and Estate Planning

What's the Difference Between Medicaid Planning and Estate Planning?

This article provides a guide into the critical distinctions between Medicaid planning and estate planning, two strategies that, while often intertwined, serve different purposes in the landscape of protecting one's assets and preparing for the expense of long-term care. Understanding these differences is not just beneficial—it's essential for anyone looking to protect their assets, ensure […]

Posted on: February 1, 2024

Should I Consider Working with an Elder Law Attorney?

Elder law attorneys can assist family caregivers in understanding their loved one’s current situation and outlining possible solutions for the future.

Posted on: March 10, 2023

How Much Money Can a Well Spouse Keep If Medicaid is Needed?

The intent of the laws and regulations is to allow the community spouse to have enough income and assets, so that he or she has enough income and assets to continue to live at home, whether that be a home, an apartment, or other living place.

Posted on: August 30, 2022

Understanding the Issues of Elder Law

The three main areas of focus for elder law attorneys include health care, estate and tax planning and guardianship matters.

Posted on: July 18, 2022

How Do I Find a Great Elder Law Attorney?

Did you know someone who is 65 today has a 70 percent chance of needing long-care treatment in the future? Even seniors who have saved up for their waning years can find it a challenge to pay for nursing home costs, especially when relying only on Medicare coverage.

Posted on: May 20, 2022

When Should I Consult with an Elder Law Attorney?

Here’s what you need to consider, when looking to hire an elder law attorney.

Posted on: December 6, 2021

What Do Elder Law Attorneys Do?

Elder law attorneys can help with a long list of legal matters that seniors often face…

Posted on: November 4, 2021

How to Plan for Spouse’s Medicaid

When a spouse enters a nursing home, the cost of care can be financially devastating. Many families are simply unable to afford long-term care without applying for Medicaid.

Posted on: February 3, 2021

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