Report: Planning for America’s Aging Population

August 29, 2024
Brian Hicks
Elder Law, Estate Planning, Medicaid Planning, Our Blog, Senior Living

If you are age 65 or older and living in the United States, you are part of a large and growing population segment. According to the 2020 Census, one in six Americans are over 65. In fact, the number of...

Understanding Medicaid: What Does Medicaid Cover?

July 25, 2024
Brian Hicks
Elder Law, Estate Planning, Medicaid Planning, Our Blog, Senior Living

In the complex and frequently changing landscape of health care in the United States, Medicaid stands out as a vital program. Since 1965, it has provided essential coverage to millions of low-income individuals and families. Alongside Medicare, Medicaid serves as...

What You Should Know About Long-Term Care

June 20, 2024
Tim Larson
Elder Law, Estate Planning, Medicaid Planning, Our Blog, Senior Living, Wills & Trusts

Research shows that roughly one in seven adults aged 65 or older will need long-term care at some point in their later years. Meanwhile, tens of millions of Baby Boomers in the United States are growing older and living longer.

A black phone shows the webpage for Medicaid.gov where the tagline says Keeping America Healthy with an American flag heart outlined by a blue stethoscope.

Undue Hardship and the Medicaid Penalty Period

May 30, 2024
Tim Larson
Elder Law, Estate Planning, Medicaid Planning, Our Blog, Senior Living

If you are planning to apply for Medicaid, you might not realize that you should think twice before transferring any of your assets. If you transfer assets within five years of applying for Medicaid, you could face a penalty period. During...

Healthcare worker in blue and white scrubs places a food tray with cereal and a white coffee mug in front of an older gentleman with silver hair wearing and ivory colored shirt.

Getting Help When Providing Care at Home for Aging Parents

May 9, 2024
Tim Larson
Elder Law, Estate Planning, Medicaid Planning, Our Blog, Senior Living, Wills & Trusts

As they grow older, your parents may prefer to continue living in their home rather than moving to a long-term care facility. They are not alone in this; more than three-quarters of adults over the age of 50 say they...

Medicaid Spend Down: Pay for More Than Just Medical Bills

April 18, 2024
Tim Larson
Elder Law, Estate Planning, Medicaid Planning, Our Blog

Since the 1960s, Medicaid has provided health care coverage for low-income people across the United States. For millions of seniors, Medicaid offers financial assistance, helping them to cover the cost of long-term care services. Today, this joint federal-state program also benefits...

Medicaid Planning Protects Your Home

March 28, 2024
Tim Larson
Estate Planning, Medicaid Planning, Our Blog, Probate & Trust Administration

Your most valuable property may be your home, which is true for many people. You likely want your children to inherit that value when you pass away. However, you may also have concerns about planning for the future, especially if...

States With the Highest and Lowest Assisted Living Costs

March 7, 2024
Tim Larson
Elder Law, Medicaid Planning, Our Blog, Senior Living

Today, 58 million adults in the United States are 65 and older. Seniors make up more than 17 percent of the American population. The U.S. Census Bureau expects this number to reach 83.7 million by 2050. Meanwhile, one in every...

Medicare Part B Premiums, Deductibles Going Back Up in 2024

December 14, 2023
Tim Larson
Elder Law, Medicaid Planning, Our Blog, Senior Living

In 2023, seniors were happy to see their Medicare Part B standard monthly premiums and annual deductibles go down for the first time in more than a decade. Unfortunately, that’s not the case for 2024, when these charges will be...

What to Do If You Lose Your Medicaid Coverage

September 7, 2023
Tim Larson
Medicaid Planning, Our Blog, Senior Living

During the COVID-19 pandemic, states could not take away Medicaid coverage from any residents enrolled in this program. In recent months, however, this has been changing. If you are on Medicaid, be sure to take some time to understand whether...