Debunking Long-Term Care Denials: Don’t Take No For An Answer

Have you been denied a service or program for long-term care benefits?  You may qualify, but the source who denied you is giving you incorrect information or a half truth. The most common statement I hear from a potential client is they were told by someone they trust, like a professional or experienced friend, that…

Three Changes to the Long-Term Care Landscape You Need to Know

It’s hard enough to keep up with all the changes that come with this pandemic, isn’t it? Some changes just can’t be ignored, like the ones that affect your long-term care costs. And 70% of us will need it at some point! Elder Law Guidance is sharing three changes to long-term care to help you…

Don’t Lose the Farm! Paying for Long Term Care with Medicaid

I Just Lost $20K and No One Told Me? I have this kind of conversation every week with a potential client trying to qualify for Medicaid. We find they receive advice by a business office worker at a nursing home or friend with “experience.” They trust them when they advise them to “just spend down…

Compare Proposals to Replace The Affordable Care Act

“President Donald Trump and Republicans in Congress have committed to repealing and replacing the Affordable Care Act (ACA). How do their replacement proposals compare to the ACA? How do they compare to each other? Plans available for comparison: The Better Care Reconciliation Act of 2017 (PDF) – Updated 7.13.17 The American Health Care Act, as passed…

Two Popular Medigap Plans Are Ending. Should You Enroll While You Can?

If you will soon turn 65 and be applying for Medicare, you should carefully consider which Medigap policy to enroll in because two of the most popular plans will be ending soon. In 2020, Medicare beneficiaries will no longer be able to enroll in Plans F and C.Between copayments, deductibles, and coverage exclusions, Medicare does…

You Can Give Away More Tax Free in 2018

After staying the same for five years, the amount you can give away to any one individual in a particular year without reporting the gift will increase in 2018.The annual gift tax exclusion for 2018 is rising from $14,000 to $15,000. This means that any person who gives away $15,000 or less to any one individual (anyone…