by David Edwards | Apr 30, 2024 | Asset Protection, Medicaid/Medicare
Did you know you do NOT have to “spend down” your hard-earned savings to qualify for nursing home or assisted living Medicaid benefits? New changes to Medicaid rules in the State of Illinois favor Medicaid recipients. If the thought of paying for long-term care... 
by David Edwards | May 31, 2022 | Medicaid/Medicare, Nursing Home
This is the real-life story of two sisters, an annuity, nursing home costs, and why Medicaid Planning matters. Mom did not have much, but she owned her home, had a steady retirement income, and had purchased two annuities. Each in the amount of $50,000. Each daughter... 
by David Edwards | Apr 8, 2022
Medicaid ELDER CARE Assistance With Nursing Home Costs Using a government benefit such as Medicaid is a fairly common way to pay for long-term care. According to AARP, 65% of nursing home residents use Medicaid to pay for their care. Unfortunately, there is a lot of... 
by David Edwards | Mar 22, 2022 | EC-MedicaidPage, EC-MedicarePage, Medicaid/Medicare, Nursing Home
Medicaid and Medicare are the two primary healthcare programs available to assist seniors with medical expenses. Unfortunately, their names are very similar, so it causes a lot of confusion. In this article, we will try to reduce some of that confusion by summarizing...
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