Elder Financial Abuse: How an Elder Law Attorney Can Help
Sadly, there are seemingly limitless financial fraud schemes that affect older Americans. The impact of financial abuse is enormous.
What You Should Know About Long-Term Care
Elder law attorneys understand the challenges of planning long-term care amidst the shifting care environment. Evaluating costs and developing strategies to pay for long-term care before you actually need it is crucial.
States With the Highest and Lowest Assisted Living Costs
Seniors seeking information on assisted living options may find recent data from the Seniorly Resource Center useful. Its new 2024 report sheds light on the costs of assisted living - from the most to the least expensive - across the U.S.
Could Medicaid Payback Rules Come to an End?
As of late 2023, the median monthly cost of a semi-private room in a nursing home in the U.S. was close to $9,000. The vast majority of people cannot afford to pay these prices out of pocket over the long term.
Senators Propose Boosting Seniors’ Social Security Benefits
In late March 2024, U.S. Sen. Bob Casey (D-PA) introduced the Boosting Benefits and COLAs for Seniors Act. The Act centers on changing the formula that the SSA uses to calculate Social Security benefits for older adults.
Avoiding Property Tax Foreclosures for Older Adults
If you are a homeowner who is falling behind on your real estate taxes, you may end up facing foreclosure on your property. Because your property taxes hinge on the value of your property, you may find your taxes rising beyond what you can afford.
Undue Hardship and the Medicaid Penalty Period
If you transfer assets within five years of applying for Medicaid, you could in fact face a penalty period. During this time, you would not be eligible for Medicaid benefits. An exception does exist, however.
Good News for Medicare Advantage, Medicaid Patients in 2026
If you need a medical procedure, you may have to hold off on treatment until you have received approval from your health insurance plan. Starting in 2026, this may no longer be the case once a new federal rule becomes effective.
Survey Highlights High Costs of Long-Term Care in 2023
You may not foresee ever needing assistance with your day-to-day life. However, research shows that seven in 10 adults aged 65 and older will require long-term care at some point in their later years.
Promoting Healthy Aging During Financial Literacy Month
As April marks Financial Literacy Month, it is an excellent time to start improving your financial literacy. Gaining financial savvy can help you handle the challenges and complexities of aging.