Medicare coverage of short-term rehabilitation in a nursing home is about to undergo a major policy change, resulting in beneficiaries with chronic conditions such as Alzheimer’s disease, Parkinson’s disease, ALS (Lou Gehrig’s … [Read more...]
Print This PagePlanning for Long-Term Care (Part 1)
October 9, 2012 by
Are you one of the millions of Americans over age 50 who has not yet started planning for long-term care?As financially responsible adults, most of us are prepared for some unexpected disasters – we pay for health and property … [Read more...]
Print This PageThe Reverse Mortgage Saga Part 6: “How One Reverse Mortgage Lender is Helping Americans Stay at Home”
June 8, 2012 by
I have chronicled the ups and downs of the reverse mortgage industry for the past five years. In 2010, I exposed two major problems with the reverse mortgage industry -- the “competency problem” and the “expense problem.”I … [Read more...]
Print This PageThe Reverse Mortgage Saga Part 5: “How the Farr Law Firm is Helping Clients Stay at Home”
June 1, 2012 by
“Presume not that I am the thing I was,” wrote William Shakespeare in the play, 2 Henry IV, reminding us that nothing stays the same.On the personal side, we all change over time; our families and our other assets grow and … [Read more...]
Print This PageSocial Support Activities Lead to Better Quality of Life As One Ages
August 9, 2011 by
How important is social support as a person ages? This may seem like an easy question to answer. Most people would not choose isolation and loneliness versus spending time with companions. However, can lack of social support … [Read more...]
Print This PageNo More Reverse Mortgages, Announces Bank of America
February 7, 2011 by
Since 2007, my opinions on reverse mortgages have been mixed. Today, I re-examine my previous articles and prior concerns, due to Bank of America’s monumental announcement Friday that it is exiting the reverse mortgage … [Read more...]
Print This PageSurvey Shows Some Nursing Homes May Bill For Services Not Provided
April 13, 2010 by
A recent Washington Post article concludes that many nursing homes have been “up-coding” billing for care of residents for years, meaning that some nursing homes sometimes bill a resident more than they should be billed by using a … [Read more...]
Print This PageHow to Make the Best Nursing Home Placement for Your Loved One
February 16, 2010 by
Most nursing home admissions happen under extremely stressful circumstances. If you are faced with the overwhelming task of finding the best nursing home placement for a loved one, where do you begin? Although this is a job that … [Read more...]
Print This PageUpdate on Virginia Life Estate Law
July 8, 2009 by
In June of last year, I wrote that "in the near future, life estates will no longer be considered exempt assets when applying for Medicaid." This was due to the fact that the Virginia General Assembly had recently passed … [Read more...]
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