While so many people are financially prepared for the amount they will need in retirement, many fail to consider how their situation might change due to a disability. Unfortunately, a disability is ...
Even as the signals of approaching dementia became impossible to ignore, Joseph Drolet dreaded the prospect of moving his partner into a long-term care facility. Drolet, 79, and his beloved Rebecca, ...
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Can a nursing home seize your home if you have a $250K IRA?
Nursing home bills can climb into six figures with startling speed, and for homeowners with a $250K IRA, the fear is blunt: ...
It's not uncommon for older couples to reach a point when nursing home care is needed for one spouse — and the cost isn't something they were prepared for. Generally speaking, Medicare doesn't cover ...
A concern for many families when a spouse requires nursing home care is the potential impact on the family home. While legal safeguards exist to protect the rights of the spouse remaining at home, ...
Today, we continued a tough but important conversation, part two of the financial reality of moving into a nursing home.
Harry S. Margolis is a MarketWatch contributor. He practices elder law, estate and special needs planning, is a fellow of Freewill.com and the founder of ElderLawAnswers.com. He is author of The Baby ...
WASHINGTON—A 7-2 Supreme Court upheld the right to sue nursing homes that mistreat Medicaid patients, rejecting arguments that federal law permits the government alone to enforce standards of care.
Long-term care costs like nursing home care can quickly drain retirement savings. Medicare provides little help paying these bills, but Medicaid can cover nursing home costs for those who meet strict ...
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