Genworth Financial has released its 2017 survey of long-term care costs. The picture is not encouraging. Although the cost of care has always been shockingly expensive, and increased annually without fail, the rate of increase seems to be picking up….
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Thousands of people across the nation hold long-term care policies from Penn Treaty Insurance Company. The company and its American Network Insurance subsidiary have been in dire financial straits since at least 2001. With the company short the $4 billion…
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As reported in a 2013 post, acclaimed country music singer-songwriter Glen Campbell was diagnosed with Alzheimer’s Disease in 2011. This was not entirely a shock to his fans, who had noticed the Rhinestone Cowboy forgetting lyrics during performances. At home, he…
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Just what does an elder law attorney do? What are our services? Why would you want to consult with an elder law attorney? Can younger people use our services? Are our services different from those that an estate planning lawyer…
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Fans knew something was wrong when he could not remember the lyrics to songs he’d sung for decades. But for David Cassidy, it was a long-held fear come to fruition. The 1970s teen heartthrob who gained fame on the Partridge…
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A recent Florida Supreme Court ruling underscores the importance of having a valid power of attorney, as well as the importance of being careful when signing a nursing home agreement for a loved one. Juan Mendez Sr. was admitted to…
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We frequently remind blog readers of two important planning steps to take: First, get guidance from a Florida Bar Certified Elder Law Attorney when pursuing long-term care Medicaid benefits. Second, make plans to avoid court-ordered guardianship in the event of…
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In Florida, the average annual cost of a private room at a long-term nursing facility now hovers upwards of $90,000 annually, with a semi-private room around $83,000. With the oldest Baby Boomers turning 70 and the escalating incidence of chronic…
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SEE NOVEMBER 10, 2016 STATUS UPDATE ON THE NEW CMS RULE. CLICK HERE. Pre-dispute binding arbitration clauses will no longer be permitted in nursing home admissions contracts, the Centers for Medicare and Medicaid Services has ruled. The new rule goes…
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A Medicaid Personal Services Contract, also known as a Personal Services Agreement, can be a great strategy that permits an aging person to pay adult children for caregiving, while still preserving the parent’s eligibility for long-term care Medicaid benefits. In…
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