Message From Peter

Please note that our office will be closed on December 24th and December 25th for Christmas.  We will also be closed on New Years Day.

Peter, Jennifer, Sally and Rachel would like to wish everyone a safe and happy holiday season.  May the new year ahead bring peace and joy to all.


Should an Annuity Be Part of Your Retirement Planning?

Annuities can be valuable retirement and longevity planning tools, but they are complex financial products that can be misused. 

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Can a Medicaid Recipient's Rental Income Be Used to Pay Mortgage or Must It Go to the Nursing Home?

My great-aunt recently entered a nursing home due to severe dementia. She owns her home, and I am on the deed as co-owner with right of survivorship. I have been handling her mortgage payments. The mortgage is almost equal to what the house is worth. I want to rent the house to another family member to cover the mortgage, taxes, and operating costs. The nursing home believes that the rent would be income that they are entitled to. I say it is not income as long as it is paying the loans and taxes. Is this true?

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How Does a Nursing Home Get Paid During a Medicaid Penalty Period?

I am a little confused. If you have to be in the nursing home and essentially out of money for a Medicaid penalty period to begin, who pays the nursing home during the penalty period? My mom is in need of a nursing home. She was in the habit of giving away money. Suppose Medicaid says she has a penalty period of five months. After she gives all her income and savings to the nursing home, how does the nursing home get paid for those five months?

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How Do I Get Reimbursed from My Father's Estate for Care I Provided Before He Died?

My father recently died, and my sister is executor of his estate. An attorney is in charge of the probate and waiting for all bills to come in before settling the estate. I cared for my father for the past two years without help from anyone else in my family. Because of my help, my dad was able to remain in his home as he wished. I advised my family that I wanted to be reimbursed for my help and time off work after my father died, but now my family and the attorney will not talk to me about this. I intend to submit a bill for the care I gave to him. Do I need to have an attorney to assist me with this? Is there a certain acceptable way to bill for my care? 

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If My Mother Lives with Me, Does My Income Affect Her Medicaid Eligibility?

My husband and I have cared for his mother for two years in our home. She now needs more extensive care and is going to apply for Medicaid. Does the amount of income earned by my husband and me affect her Medicaid qualification? 

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Medicare Announces Parts A and B Premiums and Deductibles for 2016

The Centers for Medicare and Medicaid has announced the 2016 Medicare premiums, deductibles, and coinsurances . . .

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New Federal Budget Ends Two Spousal Social Security Claiming Strategies

The federal budget agreement that President Obama signed into law November 2, 2015, contains changes to how spouses can claim Social Security benefits, ending two strategies previously used to maximize benefits.

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Activities of Daily Living Measure the Need for Long-Term Care Assistance

Most long-term care involves assisting with basic personal needs rather than providing medical care.

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