Question: My mother just moved into an assisted living community in Illinois. We were told that once all her assets have been depleted that they will start taking her social security. They said that she would never be kicked out and that Medicaid will kick in. How do we know if Medicaid will approve her? […]
“ARE YOU HAVING A BAD HEIR DAY?” As Benjamin Franklin once said, “You may delay, but time may not.” No truer are these words than in the case of estate planning. The average person allows 10-to-15 years to elapse before revising his or her estate plan. Life’s ups and downs, and the impending estate tax […]
Question: We are applying for Georgia Medicaid benefits for my mother who is 81 years old and has Alzheimer’s disease. Mom has very few assets but does have an IRA account that the Medicaid case worker says has to be annuitized so that monthly payments are received. Why is this necessary, who receives the monthly […]
What are the most common signs of nursing home abuse or neglect? If you have a loved one living in a nursing home, it is important for you to understand what constitutes abuse and neglect, and how to recognize the warning common signs. Abuse and neglect comes in many different forms and may affect a […]
If you have an account that is set up with a beneficiary, that is payable on death to a particular person, it is not necessary for this account to be included in your revocable living trust. The premise behind the payable on death account is that when the account holder dies the account will legally […]
If You Don’t Have a Will, What Happens to Your Estate? I often get asked: “What happens if I don’t have a Will?” Depending on the size of your estate and the number of your children or other heirs, you may not need a will. I generally recommend a will, since most of the time it […]
Question: Do I Need a Trusts or a Will? Answer: There is no valid reason to have Trusts or a Will. Everyone should have a will, but not everyone needs a trust. Even if you have a trust, you should have a will in order to transfer assets from your personal estate upon death to […]
Question:“Would you please provide us with information about the NEW service that ElderCareMatters.com and its 1,686 elder care experts will be starting in October to provide families across America with more information and more answers about a wide range of elder care matters?” Answer: Starting in October, ElderCareMatters.com will feature each week 1 of the 81 different […]
Question: “Inasmuch as ElderCareMatters.com now includes 80 different elder care / senior care services, would you consider featuring on this website a different service every week so that families like mind could get answers about a specific elder care matter from one of your elder care experts? For example, it would be helpful if we could have […]
Question: “Congratulations on having 1,650 professionals now in the national ElderCare Matters Alliance to help families across America plan for and deal with their elder care matters. My question is: Is there a limit to the # of elder care professionals that you will include on ElderCareMatters.com – America’s #1 source for Elder Care Experts plus […]
Answer: It is my pleasure to provide you with the following list of the 87 different elder care services that are currently provided by the members of the national ElderCare Matters Alliance on ElderCareMatters.com: Accounting Services Adult Day Care Advance Medical Directives Aging in Place Services Alzheimer’s / Memory Care Communities Annuities Arbitration Asset Protection […]
“This is a comment more than a question, but I wanted to compliment ElderCareMatters.com on being listed #5 this morning on Google for the search term “Elder Care”. Since my family is always looking for useful information & resources about elder care, I wanted to commend ElderCareMatters.com on not only containing wonderful information about this important […]
Answer: ElderCareMatters.com is an elder care resource to help families across America plan for and deal with their elder care matters. With this goal in mind, we will continue to add more elder care-related services to ElderCareMatters.com in order to make this online elder care resource invaluable for families looking for help in planning for and/or dealing with their elder […]
“I searched ElderCareMatters.com this morning looking for help with a specific elder care service in my home state and found the comment “Coming Soon”. What specifically does this mean, i.e., when can I expect to see experts in this category for my home state of Missouri?” Answer: Almost 1,600 professionals across America who help families plan […]
“Is there a certain number of Elder Care Experts that will be accepted into the national Elder Care Matters Alliance? Specifically, will the Alliance have a maximum number of experts in each service category for each state chapter?” Answer: Our commitment at ElderCare Matters is to provide families across America with elder care resources (Experts, Information […]
“I’m an Elder Care Professional with years of experience in helping families plan for and deal with their elder care matters. Would you please let me know how I can get listed on ElderCareMatters.com (this wonderful online resource to help families across America plan for and deal with their elder care matters) and what the […]
This week’s Featured Elder Care Expert on ElderCareMatters.com is Phillip G. Sanders, MBA, MSHA, CPA, Founder of ElderCareMatters.com, America’s #1 online source for Elder Care Experts plus information & answers about a wide range of elder care matters. Every day this week (M-F), Mr. Sanders will answer one of your questions about this online elder care resource […]
Question: My Dad was placed in a assisted living home 3 weeks ago, my mom now lives with me. Two questions please. How do I separate their money? And am I allowed to have my mom help pay the bills now that she is living with me? Dealing with Financial Issues When One Parent Moves […]
Asset-Based Solutions for Long Term Care Coverage are Gaining Favor I recently came across some very enlightening statistics: The odds of a person in the U.S. being involved in a serious automobile accident are only 3 in 900 or 0.33%. The odds of having a residential fire in your home are 7 in 900, or […]
Question: My husband and I had never purchased long term care planning , since it was too expensive. Now that he has passed away, I am concerned that I might become a burden for my children. Are there any options for me at my age? Answer: Yes, there are planning steps you can take now. […]
Question: My parents are both in their 80s and living in Illinois. We are considering moving them into an assisted living communities that requires a deposit, which would be returned (on a pro-rated basis) should they move or die. Does this deposit qualify for the homestead exemption under Medicaid eligibility? Answer: Whether or not your […]
Question: My father recently moved to an Assisted Living Facility but still owns the home he moved from. We plan to apply for a VA benefits to help cover the cost of assisted living (prior to moving to assisted living, he was receiving in-home care). I have done a lot of reading about applying and […]
Question: My 93 year old grandfather from North Carolina who is in good health moved in with my family 9 months ago. My (absentee) brother and I are the only heirs. My husband and I are purchasing a new home to increase space for our new family. My grandfather wants to give us $200k toward […]
6 Mistakes Your Trustee Can Make That Can Spoil Your Trust One may feel honored to be appointed as a trustee, but there are several legal duties and responsibilities the job carries with it. There are several mistakes trustee can ruin a trust and destroy a beneficiary’s inheritance. This article will discuss some of the […]