As you grow older, you will need more support and medical care at the same time that your income decreases due to retirement. Regardless of how much you have previously saved, there are certain expenses that could exceed your retirement savings or not fall under your...
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Medicaid
When is Medicaid Crisis Planning Appropriate?
What is Medicaid? Medicaid is a joint federal and state program available to individuals who meet certain asset requirements that help them pay for long-term care (LTC) costs. Long-term care often creates devastating financial impacts on Americans, particularly the...
Six Social Security Changes Taking Effect on January 1, 2021
What Do You Need To Know? The Social Security Administration (SSA) publishes upcoming changes to its social security program every October that take effect on January 1 of the next year. These changes can make a difference in how you plan for or live during your...
How an Elder Care Coordinator Can Help When You and Your Loved One Need Caregiving
Caring for your loved ones is very important. At Dafoe Law, we provide not just legal documents but assistance from an Elder Care Coordinator. The Elder Care Coordinator can help families with the organizing and arranging of care, which can help take the pressure off...
Don’t Risk it: Protect Your Finances From Coronavirus Complications
Power of Attorney Many Americans spend a lot of time and effort in managing their finances. While most are worried about how the coronavirus (COVID-19) will impact their income—whether that’s because they are temporarily furloughed, find themselves suddenly without a...
When Assisted Living May Not Be Enough
Do you have loved ones in assisted living or getting ready to transition into or out of assisted living? Dafoe Law offers Life Care Planning that goes beyond traditional elder law and includes an Elder Care Coordinator. The Elder Care Coordinator can be helpful in...
Is the Aging Middle Class Being Left behind?
As we age, simple things we took for granted as kids become more difficult — and more expensive. That’s a truth all of us know. What you may not realize is that the aging middle class will face unique difficulties going forward. The private market offers options for...
How An Elder Law Attorney Can Help Seniors and Their Loved Ones
Many aging Americans depend on family members or friends to help manage their financial, health, and other affairs during retirement and beyond. They often believe that their family members will be able to take care of any issues that arise. While consulting with...
Medicaid Myth Series: Can Medicaid Take My House
Medicaid Myth House Medicaid myth house There is a lot of misinformation about what it means to qualify for Medicaid for skilled-nursing care. One of the myths is that the government will take your house. Like most myths, there is a small bit of truth inside. Let’s...
Three Reasons Why Giving Your House To Your Kids Doesn’t Protect It From Medicaid
You may be afraid of losing your home if you have to enter a nursing home and apply for Medicaid. While this fear is well-founded, transferring the home to your children is usually not the best way to protect it. Although you generally do not have to sell your home in...