The last thing many people would equate to intimacy is estate planning. Just ask anyone who’s ever had to face reality after a terminal illness or devastating accident, they will tell you that things become very personal faster than you can say power of attorney. This week, we shed the logistics and focus on the ties that bind and the intimacy of estate planning. Facing Mortality Most of us realized long before we began preparing our will that we wouldn’t live forever. Whether that brutal fact … [Read more...] about The Intimacy of Estate Planning
Assets as Gifts for Medicaid Qualification?
Medicaid, as we know, is a public health care program for families or individuals that's overseen on the federal level. There are mandatory compliance issues that play into the approval process as well and failure to comply with those issues can jeopardize one's eligibility. There are asset levels that are determined by incorporating everything from the applicant's home, any stocks he may own, bank accounts, and any other asset (with a few exceptions). In order to qualify, many discover they … [Read more...] about Assets as Gifts for Medicaid Qualification?
Medicare and Medicaid in New York: Understanding the Differences
With so much talk over the past couple of years about the new healthcare laws, welfare reform and overall political bickering, many have found themselves hearing Medicare and Medicaid being used, sometimes interchangeably. Of course, the two are different and serve different purposes in the American society. Still, they both are important and both play a crucial role in ensuring Americans are cared for. This week, we take a look at the differences between Medicare and Medicaid and what it can … [Read more...] about Medicare and Medicaid in New York: Understanding the Differences