Most people understand that Medicaid is for the poor, and they may know a family member who lacks assets to pay for a decent nursing home and was put in a "Medicaid facility." If you have known someone in such a facility, you probably weren't impressed with the care. So why would I want to [...]
There is a “goldilocks” time to do Medicaid planning, but it can be a wide range. You can be too young, but you can also be too late. An ideal time to consider Medicaid planning is after retirement (unless your idea of retirement is 90!), especially if you have stable income and expenses. In almost [...]
The family home is often the most important asset that a family owns. Not only is it usually the most valuable, but it also can have significant emotional attachment. So, what happens to the house when someone dies? Like many legal questions, it depends! Here are some facts relating to the inheritance of a home. [...]
It will of course be a shock to learn of a loved one’s diagnosis of Alzheimer’s disease or other dementia. The first step will no doubt be to immediately seek preventative medical treatment, but it is just as important to consider the impact on your loved one’s assets and to seek advice on financial and [...]
There is no law in Texas that requires an adult child to pay a parent’s nursing home bill out of their own personal funds. Likewise, under federal law a nursing home cannot require you to commit to pay your parent’s nursing home bill before admitting your parent to the facility. However, this does not [...]