Tis the season for gift giving and, although nobody wants to be labeled a Scrooge, we should consider gift giving penalties when it comes to Medicaid eligibility and tax implications. Not me, you say? Read on to be sure. As we age, the possibility of needing long term care in a skilled nursing … [Read more...]
8 Ways to Avoid Financial Exploitation of the Elderly
Unfortunately, financial exploitation of the elderly is a frequent occurrence. Exploitation occurs when a person misuses or takes the assets of a vulnerable adult. This includes (but is not limited to) taking money or property, telemarketing scams; getting a senior to sign a deed, will or power of … [Read more...]