Practice Areas
- Medicaid
- Living Trusts
- Estate Administration and Probate
- Asset Protection
- Veterans Benefits
- Special Needs Trust
Blog 
Asset Protection
- "Do I Qualify For Financial Assistance For Nursing Home Care?"
- Free Asset Protection Seminar For Anyone Considering Long Term Care Planning
- Medicaid Compromise in Health Care Bill On the Chopping Block
- Medicaid and Caregiving: Who Are the Ones Taking the Lead?
- Avoid Pitfalls of Medicaid
News
- How To Avoid Wasteful Spending On Health Care...
Posted on 4/29/2010 - Health Care Debate: Long Term Insurance Overhaul...
Posted on 1/5/2010 - Survey uncovers surprising long-term care myths and facts...
Posted on 10/29/2009 - Healthcare reform may offer another option for long-term care planning...
Posted on 10/25/2009 - Will Pennyslvania lawmakers divert Medicaid stimulus money?...
Posted on 7/29/2009
Library
Asset Protection
- 10 Reasons to Consider Long-Term Care Insurance
- Solve Eligibility Problems Using the Personal Care Contract
- What Can Seniors and Their Families To Legally Protect Themselves In These Dire Times?
- Gift tax annual exclusion to remain unchanged in 2010. Contact us to see how this factors into your estate plan
- Gift tax annual exclusion to remain unchanged in 2010. Contact us to see how this factors into your estate plan
News
Survey uncovers surprising long-term care myths and facts
Posted on Oct 29, 2009
MetLife recently released the results of a survey that was conducted to see how well informed Americans are about long-term care. The survey results were telling, revealing that many Americans are uninformed about the realities and costs of long-term care.
One key point that many Americans fail to grasp is the fundamental truths about long-term care. The majority of individuals surveyed did not fully understand how expensive long-term care can be, how it can be paid for and what benefits are available to help pay for it.
MetLife summarized some of the common misconceptions about long-term care in the U.S.:
- Long-term care is usually provided in a nursing home (false: most long-term care is provided at home).
- Medicare, health insurance and disability insurance all pay for long-term care costs (false: the only form of private insurance that pays for long term care is long-term care insurance).
- You can qualify immediately for Medicaid to help pay for your long-term care by transferring your assets to your family (false: Medicaid looks back over the previous five years to determine if you are eligible).
- The primary factors in long-term care insurance are family history, income and age (false: age is the primary factor in how long-term care insurance premiums are determined).
Read More About Survey uncovers surprising long-term care myths and facts...
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