It can be easy to underestimate the amount of money needed to cover health care and long-term care costs after retirement. Without knowing exactly what care will be needed and with the costs of all types of care rising, it…
Nearly one in every seven of U.S. seniors aged 65 or older will likely require some form of long-term care later in life. In fact, almost a fifth of them will need long-term care services for upwards of five years…
Watch “In The Legal Know” with Vincent J. Russo Vincent appeared on CFN Live on January 22nd, 2025 to discuss“Pooled Income Trusts: A Home Care Remedy” https://youtu.be/khXgK54NNRQ Vincent J. Russo discusses the value of Pooled Income Trusts, including the benefits…
This originally aired on the Catholic Faith Network’s show CFN Live: https://youtu.be/khXgK54NNRQ A Pooled Income Trust in New York can mean the difference between being able to stay at home or being forced into a nursing home for long term…
MEDICAID 2025 UPDATE Commencing January 1, 2025 there are new Medicaid amounts affecting Medicaid eligibility.UPDATED 2/19/25 2025 ASSET AND INCOME ALLOWANCES One Person Two People Income Level *including $20 unearned income disregard (to be adjusted once Federal Poverty Levels…
Pooled trusts are valuable tools for those in need of long-term care when their income exceeds Medicaid’s limits. They present a viable way to gain and maintain Medicaid eligibility for many seniors, people with disabilities, and others. But there are…
If you are a parent, or if you are planning to become a parent or have another child, the scenario of having a child with a disability has probably crossed your mind. Disabilities can form before birth or after birth…
Amid recent reports from such prominent news outlets as The New York Times and Associated Press about the negative impact of Medicaid estate recovery on families, the idea of ending this practice altogether has resurfaced. What Is Medicaid? Medicaid is a public assistance…
In the complex and frequently changing landscape of health care in the United States, Medicaid stands out as a vital program. Since 1965, it has provided essential coverage to millions individuals and families. Alongside Medicare, Medicaid serves as a lifeline…
Currently, if you need a medical procedure, you may have to hold off on treatment until you have received approval from your health insurance plan. In many cases, Medicare Advantage and other plans have been denying their patients certain services…