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Don’t Make These 7 Medicaid, Long Term Care Planning Mistakes

Proper planning is required to obtain Medicaid assistance. When people encounter chronic illnesses and face depleting financial resources, consulting with a certified elder law attorney will help you avoid long term care planning and asset preservation pitfalls: Transferring the house: People who transfer their home to their children will find themselves ineligible for Medicaid. The…

Stop! Don’t Disinherit Your Spouse Who Needs Long Term Care

STOP! DON’T DISINHERIT YOUR SPOUSE JUST BECAUSE THEY REQUIRE LONG-TERM CARE Today we see more chronic illnesses (i.e. Alzheimer’s disease; Parkinson’s disease; dementia) that are causing people to provide care or seek long-term care services for an incapacitated spouse.  Chronic illness can trigger the fear of impoverishment or the fear of outliving one’s money.  When…

Law Office of Stephanie L. Schneider, P.A.