long term care

How an Attorney Can Help You Qualify for Medicaid Long-Term Care Benefits

Long-term care refers to a wide array of services and support systems tailored to address health and personal care needs over an extended duration. This type of care primarily involves personal assistance, which includes everyday activities known as Activities of Daily Living (ADLs). These activities may include bathing, dressing, eating, and maintaining personal hygiene. The…

long term care

How To Qualify for Florida Long-Term Care Benefits

Long-term care (LTC) is designed to provide critical services that assist individuals with chronic conditions in managing limitations that may impede their ability to live independently. Unlike traditional medical care, long-term care focuses on maintaining a person’s current level of functioning rather than trying to improve or cure underlying medical issues. For individuals facing physical…

power of attorney

Why Your Current Power of Attorney May be Useless if You Want To Protect Assets

A power of attorney, also referred to as a POA, is a legally binding document that grants another individual, known as the agent or attorney-in-fact, the authority to act on your behalf in various legal and financial matters. This can include managing your finances, making healthcare decisions, and handling real estate transactions, among other responsibilities….

elder financial abuse

What Is Elder Financial Abuse?

Financial elder abuse occurs when individuals exploit older adults for their financial resources. This can involve family members, caregivers, business associates, or even strangers taking advantage of the trust placed in them. Tactics used in financial elder abuse include the unauthorized use of a senior’s assets, obtaining power of attorney through deceitful means, or committing…

reverse mortgage

Reverse Mortgage Pros vs. Cons

You likely have seen commercials featuring Tom Selleck and Henry Winkler advocating for reverse mortgages as a valuable income source for retirees or individuals with limited funds. However, while these loans can offer significant benefits, they may not be suitable for everyone. The guide below will take a closer look at the advantages and disadvantages…

medicaid asset protection

Using a Medicaid Asset Protection Trust as the Trustee

The trustee of a Medicaid Asset Protection Trust (MAPT) is responsible for managing and overseeing the trust to safeguard the assets for the beneficiaries while following the wishes and intentions of the grantor. This includes making sound financial decisions, distributing assets as stipulated by the trust, and ensuring compliance with all legal and administrative requirements….

medicaid

Can an Attorney Help You Qualify for Medicaid Long-Term Care Benefits?

Elder law attorneys specialize in addressing the legal needs of seniors by providing comprehensive assistance in various aspects of their lives. For instance, by working with an elder law attorney, individuals can develop comprehensive strategies to protect their assets, qualify for Medicaid long-term care benefits, and ensure financial stability for themselves and their loved ones…

veterans aid

Can VA Aid and Attendance Benefits Be Used by Your Spouse?

Aid and Attendance is a valuable VA pension benefit designed to assist Veterans and their spouses who require the aid of another person in performing everyday activities, such as bathing, feeding, dressing, or adjusting prosthetic devices. However, this benefit is often underused due to a lack of awareness. To be eligible for Aid and Attendance…