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A special message from the Nawrocki Center:
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New Veterans Administration Regulations Significantly Affect Planning Strategies | The Department of Veterans Affairs (VA) recently enacted changes to their non-service connected pension benefit eligibility rules. These changes will take effect on October... | |
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Nawrocki Center Seminars & Events: October and November, 2018 | Get the information you need and stay abreast of the latest developments in elder law, special needs, and disability planning by attending a seminar or event conducted by the Nawrocki Center. To see our upcoming seminars and events, click on READ MORE below. | |
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It’s Now Harder for Veterans to Qualify for Long-Term Care Benefits | The Department of Veterans Affairs has finalized new rules that make it more difficult to qualify for long-term care benefits. The rules establish an asset limit and asset transfer penalties for claimants applying for VA pension benefits. | |
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It's Important to Shop Around for Your Medigap Policy | Medigap premiums can vary widely depending on the insurance company, according to a new study, so be sure to shop around before choosing a policy. | |
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How to Handle Sibling Disputes Over a Power of Attorney | When one sibling is named in a power of attorney, there is the potential for disputes with other siblings. No matter which side you are on, it is important to know your rights and limitations. | |
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Can I Give My Kids $15,000 a Year? | If you have it to give, you certainly can, but there may be consequences should you apply for Medicaid long-term care coverage within five years after each gift. | |
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Promissory Notes and Medicaid | A promissory note is normally given in return for a loan. Classifying transfers as loans rather than gifts can be useful because it sometimes allows parents to "lend" assets to their children and still maintain Medicaid eligibility. | |
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Proposed New Medicare Payment System May Affect Beneficiaries | Medicare is proposing a new flat rate reimbursement system for doctors who treat Medicare patients. Some worry that the plan may cause fewer doctors to accept Medicare. | |
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Lawsuit Alleges Assisted Living Facilities Discriminate Against Wheelchair Users | A lawsuit in New York state highlights an issue with some assisted living facilities: No wheelchairs allowed. | |
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