Life Adjustments Call for Updates to Your Will!
As life circumstances change (births, marriages, divorces, and deaths), it may become necessary to make changes to your will. If an estate plan is not kept up-to-date, it can become useless.
What Are the House Ownership Options When Parents and Adult Children Live Together?
Increasingly, several generations of American families are living together. According to a Pew Research Center analysis of U.S. Census data, more than 50 million Americans, or almost 17 percent of the population, live in households containing two adult generations. These multi-generational living arrangements present legal and financial challenges around home ownership.
Can You Appeal If Medicare Refuses to Cover Care You Received?
Sometimes Medicare will decide that a particular treatment or service is not covered and will deny a beneficiary’s claim. Many of these decisions are highly subjective and involve determining.
Price of Long-Term Care Insurance Policy Drops….
Today’s average cost for ‘Best’ coverage for a 60-year-old couple each purchasing $164,000 of immediate coverage that grows to a combined benefit pool of $730,000 ($365,000 each) at age 85, is $3,840-per-year.
New Rules Make It More Difficult to Get a Reverse Mortgage
The new rules are an effort to strengthen the federal Home Equity Conversion Mortgage (HECM) program, which insures almost all reverse mortgages and which has seen default rates rise.
Elder Law Question of the Day
As we age, care needs change. The team at Strohschein Law Group is here to educate, navigate, and advocate individuals on health care needs and changes. It’s important to make good health care decisions, but often we don’t know where to start, especially when those changes happen suddenly.
Key 2014 Dollar Limits for Medicaid Long-Term Care Coverage Released
The Centers for Medicare & Medicaid Services (CMS) has released the 2014 federal guidelines for how much money the spouses of institutionalized Medicaid recipients may keep and the limit on how much a home can be worth for its owner to still qualify for Medicaid.
Should You Sign a Nursing Home Admission Agreement?
Admitting a loved one to a nursing home can be very stressful. In addition to dealing with a sick family member and managing all the details involved with the move, you must decide whether to sign all the papers the nursing home is giving you. Nursing home admission agreements can be complicated and confusing, so what do you do?
A Day in the Life of an Elder Care Coordinator
So on a given day, I may be asked to speak with a family member and schedule a time to visit a client in their home to help determine needs and more effectively offer resource information. I then communicate with the legal team to coordinate next steps, ensuring that the best plan for that particular individual is executed, with essential legal documents in place.
Long-Term Care.. Know Your Options
Strohschein Law Group strives to counsel their clients to manage their independence as long as possible. Meeting with Linda Strohschein to discuss options and design a plan that best suits your needs or the needs of a loved one will give everyone involved the peace of mind to enjoy life to its potential.