Federal officials said Friday that the recent economic downturn has resulted in the trust funds that support both Medicare and Social Security shrinking faster than expected. The Medicare insurance fund is expected to run out five years earlier than previously projected –as soon as 2024. Social Security fared somewhat better, expected to be out of [...]
Our long-term health care needs and circumstances are unknowable. Appropriate planning with the aid of a knowledgeable estate planning attorney is essential to preserve your family’s assets. Consider this example: Jane entered a nursing home several years ago originally expecting to move back into her two bedroom home. She has a will and as a [...]
Some information about the option of creating a Pooled Trust in cooperation with applying for Medicaid.
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