At some point when your loved one is living in an assisted living community you might hear the phrase “Medicaid bed.”  You may hear that in order for them to receive Medicaid benefits in the community a Medicaid bed must be available.  But what does that mean and how does […]

Medicaid usually allows your aging parent or elderly loved one to have an irrevocable prepaid funeral when they apply for benefits but what does that mean and why would Medicaid care?  This episode will discuss the difference between revocable and irrevocable prepaid funerals and why the type of prepaid funeral […]

What does “it’s kind of free” mean?  Everyone knows you have to pay for legal services, accounting services and funerals but if you are already committed to spending money on long term care then you can use some of what you are committed to spending  to purchase these professional services […]

The title says it all – the sooner you start working to protect money from the cost of long term care the more you can save (usually).  But don’t lose hope – it might not be too late to save money from the cost of care no matter what level […]

Parents really want to help their children – especially when they are dealing with hard times.  One such situation is when the child is unemployed and needs help making ends meet.  Today’s episode – one of those that’s not necessarily what people want to hear – discusses this difficult situation.  […]

Does Medicaid take your loved one’s house when they move into an assisted living community or a nursing home?  The answer is usually no.  But that doesn’t mean you won’t have to sell it or work in some way to protect it.  Listen to the podcast to learn more about […]