Dear Raider,My son recently graduated from high school. My mother wants to give him a monetary gift of $1,000. She is in the early stages of dementia and may need nursing home care in the not-so-distant future. Would giving … [Read more...]
Print This PageCritter Corner: Would a Graduation Gift to my Son Affect my Mother’s Medicaid Eligibility?
June 28, 2024 by
Is a Reverse Mortgage a Good Strategy in This Economy?
October 24, 2023 by
If you’re a homeowner nearing retirement age, you’ve probably seen the TV commercials about reverse mortgages. Tom Selleck offers a friendly explanation of reverse mortgages and how people use them. How accurate is what he and … [Read more...]
Print This PageShould My Mother Let Her Life Insurance Policy Lapse?
August 27, 2021 by
Q. My mother, Sandra, is considering letting her life insurance policy lapse. She claims that she is low on funds and that it is difficult to make the monthly payments. She is also concerned about Medicaid eligibility. Do you have … [Read more...]
Print This PageCritter Corner: Do Reverse Mortgages Affect Medicaid Eligibility?
April 20, 2017 by
Dear Ribbit,My wife and I are considering a reverse mortgage, since we have a lot of equity in our home and very little cash flow. She is in the early stages of dementia. Would the reverse mortgage affect Medicaid eligibility, … [Read more...]
Print This PageVirginia 529 Prepaid Education Plan Limited Time Open Enrollment: Plan Ahead for Your Child or Grandchild
December 3, 2014 by
We all dream of the day when our child or grandchild is accepted to college. From the time he or she is diapers, we begin planning for great things. We drive them to soccer, gymnastics, and music lessons in hopes that they are … [Read more...]
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