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April is National Parkinson's Awareness Month

April is Parkinson’s disease awareness month.  Parkinson’s disease is the second most common neurological disorder, after Alzheimer’s.  As many as 1 million Americans live with Parkinson’s disease with men facing nearly twice the risk of developing the condition as women.  And like Alzheimer’s, there is no cure for Parkinson’s disease. Parkinson’s disease is characterized by … Read more

When a powerful tool becomes lethal to the health of someone you love

 
Lethal Weapon:  It’s not just the title to a good movie.  Okay, not everyone likes cop action flicks so my assessment as to its merits might not coincide with yours but what I’m trying to get to is that there are things in our lives that become less dangerous with age and then at some point degenerate back to dangerous territory as we age into elderly. 

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Caregiving at the end of the road

I’ve been doing a lot of thinking about caregiving this week mainly because my mom got one of those phone calls about my grandmother.  You know the one where suddenly the usual struggle to care for someone long distance becomes a struggle to get to that person as they take a turn for the worse.

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Medicaid spend down doesn't have to mean what you think it means

 
If you have too many resources to qualify for Medicaid, you will need to spend down those assets to become eligible.  The obvious way to spend down those assets is to pay for nursing home bills or other medical bills using those assets until you’ve reduced your savings to the point that you’re eligible to qualify for Medicaid.  Yet another way however is to convert those countable assets in such a way so that they benefit allowable assets. 

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Is your Social Security strategy to not have a Social Security strategy?

 
Have you seen the study where children are allowed to eat a marshmallow but if they can delay eating the marshmallow for a specific amount of time they can have a second marshmallow?  The majority choose to eat the marshmallow they already have in their hot little hands.  Well don’t clap yourself on the back because as an adult you wouldn’t make the same mistake.  Take for instance Social Security benefits. 

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Long term care insurance options

 
If you don’t buy long term care insurance you have two choices:  self-insure or spend down most if not all of your assets so that you can qualify for Medicaid.  At least that’s what the choices have been but there are at least three other options. 

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