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You aren’t the only person looking for a way to protect assets from those huge nursing home bills. While many people make hasty mistakes, you are at least doing your research to avoid those mistakes. So let’s talk about giving things away. Too many people don’t even recognize transactions they are making are actually penalized…
This post was written for Medicaid eligibility in 2010. For current Medicaid Eligibility information, visit: https://texastitle19.com/texas-nursing-home-medicaid-eligibility/ Certain numbers used to determine eligibility for Texas Medicaid benefits are subject to change every January 1st. This year there were not many changes. Unfortunately the minimum and maximum Community Spousal Protected Resource Amounts remained the same. The current figures…
Retirement accounts can cause a lot of confusion when planning for Texas Medicaid eligibility. This is in large part due to the many different kinds of retirement accounts out there. Today we are going to look at one very common kind of retirement account, the individual retirement account, or IRA. This includes the traditional IRA…
I doubt you came here by accident and I bet your are worried, frustrated, and scared about what the future may hold for your loved one who needs nursing home care. Some of the thoughts racing through your mind late at night may include: Where can my loved one get the best care? Will they…
Sometimes a loved one enters a nursing home as the result of the gradual progression of an illness such as Alzheimer’s. Sometimes a loved one needs nursing home care unexpectedly and everyone is caught by surprise and quickly finds themselves in a overwhelming situation. In either case, one of the vital questions you need to…