Tag: Elder Law
If you end up needing Medicaid, the government will look closely at your assets. There are some ways around the problem of having assets and needing Medicaid. A trust is one of the answers, according to the Times Herald-Record in “Benefits of Medicaid Asset Protection Trust.” A Medicaid Asset Protection Trust is a trust that […]
Medicaid is a possibility, if retirement money runs out. However, the program is aimed at helping the poor. When many Americans consider the possibility of long-term care in a nursing home and look to insurance, they find that insurance is often difficult to obtain and afford. Medicaid is also a possibility but that needs planning, […]
Since a plan is required when a Medicare patient leaves a hospital, it is best if the patient and family check into their potential options and the accuracy of information they have received. Medicare requires that a plan for care be developed with a social worker when a patient is about to be discharged and […]
Hundreds of scammers face charges of defrauding elderly. Local law enforcement and elder law attorneys are sympathetic when they hear of scams aimed at the elderly, but they are often unable to do much. The government has a plan to bring the scammers to justice, according to a recent FBI announcement “Law Enforcement Action Aimed […]
New scams continue to increase, as well as old scams. Among the most common scams aimed at the elderly, involve their grandchildren or the IRS, according to the Minneapolis Star Tribune in “As senior population grows, so do scams targeting their money.” A common one is for an unknown person to call a grandparent and […]
In trying to avoid probate, people can find themselves getting the opposite results. Many people do not realize that probate courts handle more things than just wills and can’t always be avoided, according to WLTX19 in “Man spends thousands in probate costs to help wife with dementia.” Consider the case of one elderly couple in […]
Assisted living facilities save Medicaid money. However, it is difficult to know what funds are spent wisely. A group of U.S. Senators asked the Government Accounting Office to look into how the government’s Medicaid money was being spent. However, the results were not good, according to The New York Times in “U.S. Pays Billions for ‘Assisted […]
A new rule designed to prevent financial abuse of the elderly requires additional information. FINRA, a self-regulatory agency for brokers, has just implemented a new rule to help stop the financial abuse of the elderly even before it begins, according to Consumer Reports in “New Ways to Prevent Elder Financial Abuse.” Financial abuse often goes […]
Funeral home director says it is standard practice to protect coffin from the cold. A family in Australia is suing a funeral home for swapping coffins from an expensive model to a less expensive one prior to transfer to a crematorium, according to Fox News in “Funeral Home swapped $1,700 coffin with $70 one family […]
As the elderly population grows, so does the number of scammers targeting them. There are all sorts of scams that target the elderly, ranging from large ones meant to make millions to very small scams meant to cheat an elderly person out of a few hundred dollars. If you know someone who has been a […]
