Posted in ALTCS, Asset Protection on Mar 15th, 2010
A substantial number of people in need of long-term health care have too many assets to qualify for ALTCS, but not enough to cover the future costs of expensive medical treatment. Faced with this dilemma, many individuals mistakenly believe that their only option is to become destitute by spending all of their savings on health [...]
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Posted in Asset Protection on May 22nd, 2009
In the 80s and early 90s, Elder Law attorneys often prepared irrevocable trusts that were suppose to help qualify a person for Medicaid should they eventually get sick. In these trusts, all of the parent’s money was transferred into a trust, giving the trustee (usually a child of the parent) discretionary control to use the [...]
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Posted in Uncategorized on Jun 11th, 2008
Did you know that you can now receive a Master’s in Aging in Lifespan Development from Arizona State University? It’s true! The special needs of the growing senior population has led to the increase in educational courses and new degrees. Long - term care, health aspects in aging such as Alzheimer’s, and legal and financial issues will all be addressed [...]
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