When applying for Medicaid nursing home coverage, an applicant’s income and assets have to be under a restrictive cap to be eligible for the benefit. As part of the eligibility determination, the state Medicaid agency also looks back at any below market transfers that...
Following guidance from the Centers for Medicare & Medicaid Services and the Missouri Department of Health and Senior Services, St. Louis County has issued new guidelines that relax the rules restricting visits to nursing home residents due to the COVID-19...
A power of attorney for property is a valuable tool to protect a person’s financial wellbeing in case of incapacity. However, not all powers of attorney for property are equally effective. A form downloaded off the internet may claim to be a valid power of attorney,...
The elderly often face mental and physical declines that make them increasingly vulnerable to financial exploitation. Exploitation can include fraudulent investment schemes, scams, identity fraud, and outright theft. Forms of theft can include forged signatures on...
When individuals with disabled children consider how to pay for a potential nursing home stay for themselves, they not only have to worry about their own financial situation, but their disabled child(ren)’s as well. Due to the high cost of nursing home care, Medicaid...
