Individuals who reach the age of retirement are usually on a fixed income. It is important for these retirees to receive the biggest bang for their buck. They need to live on a moderate level so they do not live longer than their money can support them. According to the Pew Center for States Report, the ten worst states for retirees to … [Read more...]
The Financial Cost of Medicaid
During the past twenty years, the medicaid expenses faced by every state in the country has been staggering. As more Americans lose their jobs, they turn to medicaid for basic medical treatment. New York State Medicaid Problems In New York State, more than 4.5 million residents are covered by medicaid. It is projected that more than $52 … [Read more...]
Prosecutor Investigating Reclusive Heiress’s Fortune
Ms. Huguettem Clark owns a 52-acre estate in New Canaan, Connecticut. The estate has been unoccupied for more than twenty years. During this entire period, Ms. Clark has been residing in a hospital. She has been active in the society pages of various newspapers and has made many charitable contributions. Ms. Clark in now 104 years of age. … [Read more...]
Medicaid Personal Service Agreement
Imagine this scenario: Your mother or father becomes ill. You have a good job that allows you to support your family, but you feel obligated to help your parent. Your parent has sufficient assets to hire an aid or third-party caretaker, but your parent wants you to help them. You give up your job and begin taking care of your parent. Your … [Read more...]
