Planning for Medicaid for a Single or Widowed Person in a Nursing Home
Posted on April 4, 2022 by shieldsandboris
It's a common scenario: one spouse needs to go into a nursing home while the other one needs to support themselves at home. The couple needs Medicaid assistance to pay for this expensive care. The "community spouse" has options to shield their assets from being used to pay for their spouse's expensive nursing home care.
Don’t Be A Victim of a Social Security Scam?
Posted on March 27, 2022 by shieldsandboris
Sadly, one of the most common scams targets recipients of social security. For example, several years ago, several social security beneficiaries received emails claiming to be from the Social Security Administration. It looked official and asked the recipients to click on a link that would offer additional protection for their benefits.
Should You Share Your Financial Info with Your Kids?
Posted on March 27, 2022 by shieldsandboris
It’s not uncommon for people to keep their finances secret from their children, even their adult children. They rarely share how much money they make, how much they tuck away to savings, or how much they spend in a year. However, most attorneys and financial advisors will tell you that this isn’t the best choice.
Common Myths and Misconceptions About Assisted Living
Posted on March 27, 2022 by shieldsandboris
For many people, the idea of assisted living is not something they want to think about. However, there are a lot of myths out there about this type of senior housing. Here we look at some of those common myths and explain the truth about what you need to know about assisted living.