Elder Law and Medicaid Planning

Long term care is very expensive. Many people who are over the age of 65 will need long-term care at a certain point. Fortunately, Medicaid will help pay for long-term care for some people. There are, however, strict asset and income limitations in place in order to qualify for the program. Read more . . .

If you are starting to feel like Cary Grant in “Mr. Blandings Builds His Dream House” or Tom Hanks in “The Money Pit” you are not alone. Experts say that the average homeowner should expect to spend at least 1 percent of his home's value each year on repairs and general maintenance. The older you get the more difficult this becomes as the house gets older and needs more work, and you get older and can handle less of that work yourself.

If you are having trouble keeping up with needed home repairs, you may want to consider applying for the North Carolina Housing Finance Agency’s...

Read more . . .

Long term care in a nursing home facility is ridiculously expensive. All but the wealthiest families would see their assets and income wiped out if they had to pay for it themselves. So how do normal families afford the care their loved ones need? They don’t. Most families rely on government assistance, specifically Medicaid, to pay for long term care.

Medicaid is the single largest payer of nursing home bills in America.

Read more . . .