How to Qualify for Medicaid, with Kelley Smith
Kelley Smith at CarePartners Living discusses various Medicaid qualifications. CarePartners Living has the largest floating Medicaid license in Washington state. People are confused over how to qualify for Medicaid. Average costs of assisted living is $5,000 or $6,000 per month. Income and assets are limited, so perhaps one or two years can be paid for out of pocket. Don't wait till they've exhausted their funds before applying for Medicaid. Qualifications include having less than $2,000 in the bank, requiring assistance with at least three activities of daily living, and assets cannot be hidden.
What is a Spend Down? with Kelley Smith
Kelley Smith at CarePartners Living discusses Medicaid qualifications. Let's say that you have $100,000 in the bank. One qualification for Medicaid is having less than $2,000 in the bank, so you would need to spend the rest of that money in ways the state allows, with expenses analyzed for the most recent five years.
Senior Finances: Family Cost of Care, with Daphne Davis
Daphne Davis at Pinnacle Senior Placements discusses the cost of elder care if family members stay home to care for a senior loved one.
Senior Finances: Costs of Differing Care, with Daphne Davis
Daphne Davis at Pinnacle Senior Placements talks about finances for senior care. Appropriate, quality, loving care can be found. The elephant in the room:...
Senior Finances: The Emotional Roller Coaster, with Daphne Davis
Daphne Davis at Pinnacle Senior Placements builds relationships to understand the heart of what's happening at your family. She also sees the emotional highs...
Don’t Lose Yourself Financially in Caregiving!
As most of you know I cared for my mother for the last six years of her life. Because of the many ups and...
Families and Funding Options: Have the conversations up front!
Many families avoid discussing money. It’s not an easy topic to talk about. And I am certainly not a professional financial advisor, nor do...
Financial Power of Attorney: Do you know your responsibilities?
A Power of Attorney is a legal document that protects you and protects your senior loved one. It basically says if your loved one...
Washington State Medicaid Program can help a Senior Fund Long Term Care
COPES: The Washington State Medicaid Program can help a Senior Fund Long Term Care.
Current trends in Long Term care provides a staggering representation of...
The Caregiving Account
When you are caring for a loved one, there are two things I can guarantee:
You will be involved in financial dealings. They can...