Selling an appreciated asset or cashing-in/drawing down an IRA or an annuity are often necessary in a Medicaid context. An individual or couple looking at nursing placement may have no choice. It may … [Read more...]
NORTH CAROLINA SPECIAL ASSISTANCE
Medicaid in an Assisted Living Facility? Think again! You’ve been looking at assisted living facilities for Mom, who simply can’t be left home alone anymore and who cannot afford round the clock … [Read more...]
Late Second Marriage?
Tying the Knot? Or Just Moving In? When a client tells me that he or she is considering a second marriage, for terribly unromantic reasons (I guess I’m the anti-cupid...darn lawyer!) I recommend … [Read more...]
NC Facilities to Open for Visits
Opening back up! Great news! North Carolina nursing homes AND assisted living facilities will be opening up for visitors as early as next week. Last week the Centers for Medicare and Medicaid … [Read more...]
Can You Take a Tax Deduction for Assisted Living Costs?
Mom is in an assisted living facility. Mom and Dad both receive Social Security (total is about $20,000). Dad receives a federal retirement system pension of $35,000. Because the assisted living … [Read more...]
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