When my dad had to go into a nursing home a couple of years ago, it was an extremely stressful and emotional time. It was a big adjustment for him, but also a big one for my mom. Because of his selflessness, things went much easier because he requested the move. He could see his […]
For the first time since 2020, when the Coronavirus Aid, Relief and Economic Security (CARES) Act was passed in response to the pandemic designation, it is expected that the assistance plans put in place to help those receiving public benefits will come to a close at the end of March. As you probably recall, the […]
In a prior blog post, we discussed the temporary suspension of certain Medicaid and Family Care rules during the pandemic. That discussion included the impact of stimulus payments on asset levels and the temporary suspension of annual renewals and continuing benefits for recipients, even if they are over assets. The Wisconsin Department of Health Services […]
COVID-19 has been hard on all of us, but especially on residents of nursing homes. Because nursing homes house our most vulnerable population, extra precautions needed to be implemented to protect them. This resulted in nursing homes being “locked down,” meaning residents were not allowed to leave, nor were they allowed visitors. Early on during […]
Entering a nursing home or assisted living facility can be one of the most confusing and stressful times that a family will ever have. In addition to changing a living situation, families are thrust into an alphabet soup of different government agencies and programs. We have discussed in prior articles the use of irrevocable trusts […]
Lots of people have heard about giving away assets to protect them from being used for nursing home expenses. However, giving your house away is not a decision to be taken lightly. The idea behind giving away (the fancy legal term is “divesting”) your house is to take it out of the equation when your […]