Watch Your Language: Institutionalized Spouse

Institutionalized. Sounds kind of scary, right? Fortunately, when we’re talking about Medicaid, saying someone is the institutionalized spouse really only means that they are the nursing home resident, the person who needs Medicaid coverage. [Read More]

The Great Medicaid Planning Hoax

According to www.longtermcare.gov, 28% of people aren’t planning for future nursing home care because long-term care costs are so high, and 45% of people simply don’t know how to plan. My own experience with both advisors and clients reflects this. As a long-term care planning attorney, this is concerning to me: there are many, many options for planning for future long-term care needs, but people don’t know they exist! This is a significant problem, but there’s a solution available if we know why the problem exists. [Read More]