My “Ultimate Alzheimer’s Care Rescue Program” has just been released

The only module based, learning program that answers the question: “what happens if I outlive my assets?”–has just been released. This is a one-of-a-kind program that will help you face every long-term care decision and determine exactly how government benefits can help offset all or a portion of the extraordinary costs.
Every program is explained in [...]

Alzheimer’s Program-Priority List and Sneak Preview Video

My Alzheimer’s long-term care program is almost done and I’m stunned at the number of people who have already signed up for my priority notification list. In fact, it’s almost full and I’ll have to shut it down this weekend.  
For a Video Sneak Preview of what this program will be about, go to: http://www.payingforalzheimerscare.com/Video_Preview.html

Paying For Alzheimer’s Care-Big Things on the Way…

Just a quick note, that after a lot of struggling to find the time to work on something really big and a lot of prodding from my amazing subscribers.. (not to mention my Grandma) I’m just about done with a “big package” on how families facing Alzheimer’s can pay for the extraordinary costs of long-term [...]

Alzheimer’s and Annuities

We’ve talked before about annuities, but I wanted to let you know that I’m seeing more and more change out there on how annuities are treated. 
An annuity is usually a financial product someone purchases where they trade a lump sum of money in exchange for a monthly stream of income plus a little interest. And, [...]

Seemingly “Innocent” Transfers and Medicaid

Did you know that even seemingly innocent things like adding a son or daughter as a joint owner on an account can be viewed by Medicaid as a transfer of assets? We talked last time how transfers of assets for less than fair market value can create long periods of ineligibility. Well when most people [...]

Medicaid Transfer of Asset Rules

I see it everyday in my practice.  A family member comes to see me because their money is quickly running out and they must put their loved one in a nursing home. They want to know how they can qualify for Medicaid to try and preserve at least some of their loved ones’ hard earned [...]

Alzheimer’s- Me on Medicaid?

I often have families come to me and proclaim that they would never need to go on Medicaid. “Isn’t Medicaid for poor families or families with limited resources?”  Consider this: A spouse has $200,000 in savings, a home worth $300,000, a car and some personal property.  The husband has had Alzheimer’s Disease for 6 years [...]

Alzheimer’s Disease, VA Aid and Attendance Example

In general, you can use a variety of methods to have assets under an acceptable level for VA qualification. Use of a trust is just one method commonly used. For VA qualification you have to look at two things: 1) Income-your income must be under what they call the Maximum Annual Pension Rate. So if [...]

Alzheimer’s Facts

We’ve talked before about countable vs. non-countable assets, but one thing that must be considered as well is that Medicaid also looks at transfers of property, money etc that have occurred. In general, if your loved one with Alzheimer’s needs to apply for Medicaid, they will look back at all transfers that took place [...]

Alzheimer’s, Medicaid and Resources

When a family member has Alzheimer’s, it’s often neccesary to seek the assistance of Medicaid.  Medicaid will want to know all resources (assets) available to the person applying. However, this does not mean that they will count all resources.  Generally, there are countable and non-countable resources. When I say non-countable, this means that although they [...]