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Vicknair Law Firm

Using Estate Planning to Prepare for Medicaid

Using Estate Planning to Prepare for Medicaid

Most Americans don’t have long term care insurance, and Medicare will only pay up to 100 days in the nursing home. Unless you want to use your assets – and potentially lose your home – then a good Medicaid long term care plan is a wise decision.

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Protecting Your House from Medicaid Estate Recovery

Protecting Your House from Medicaid Estate Recovery

Medicaid Estate Recovery is the process whereby the government “claws back” your home sto seize it that you were originally told was “exempt” when you went into the nursing home. Relying on this “exemption” on your home is never a sure bet. Good planning is necessary.

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How to Get Into a Nursing Home as a Medicaid Recipient

How to Get Into a Nursing Home as a Medicaid Recipient

Most Americans don’t have long term care insurance. Accordingly, paying for long term care out of private funds can be a difficult proposition. There are alternatives, however, to qualify under Medicaid, but you will need an attorney to help you navigate the process. Planning early is always the best option.

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Senior Second Marriages and Estate Planning

Senior Second Marriages and Estate Planning

More Americans are now getting married over the age of 65 than ever before. Even though this may be a second or third marriage for many, caregivers should nevertheless be aware of certain aspects that shouldn’t be ignored amidst all the wedding plans and celebrations.

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How Do I Find a Great Elder Law Attorney?

How Do I Find a Great Elder Law Attorney?

Did you know someone who is 65 today has a 70 percent chance of needing long-care treatment in the future? Even seniors who have saved up for their waning years can find it a challenge to pay for nursing home costs, especially when relying only on Medicare coverage.

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What Is Cause of Death in Half of Seniors?

What Is Cause of Death in Half of Seniors?

As awareness of dementia has grown, a startling fact has come to light: Nearly half of all older adults — 47% — die with a diagnosis of that condition on their medical record, according to research out of the University of Michigan and published in JAMA Health Forum.

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How Does a Trust Fund Work?

How Does a Trust Fund Work?

Trust funds are an important estate planning tool. They can protect your assets while you’re alive and help ensure that you leave money to your children or other loved ones after you die.

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