Preparing for retirement (The following is a dramatization.) The Millers are a couple in the Charlotte area. Bob used to run a heating and AC company, but a car crash left him with limited mobility and he took early retirement. Alice is nearing her own retirement from the medical records office where she has worked…

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Protecting your assets As you grow older, you (hopefully) accumulate greater wealth, which means you have more to protect. You may be afraid of outliving your wealth, of spending everything you’ve earned over the course of your life in the last five years of your lifetime and having it turn out not to be enough….

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Asset Protection for the erderly – Protecting the work of a lifetime (The following is a dramatization.) The Smiths are a retired couple, but still live a fairly active life. Mr. Smith directs plays at the community theater and sometimes teaches adult education classes. Mrs. Smith spends three days a week as a volunteer at…

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Medicaid restrictions and what they apply to As you are probably aware, if you are applying for Medicaid there are income restrictions with all Medicaid programs. Medicaid in a Nursing Home, which is considered long term care, or in an Assisted Living Center which is considered Special Assistance. When the state determines your financial eligibility for Medicaid some…

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How the elderly can protect their assets Asset Protection for the elderly. Anyone who is growing older and has an estate of any size needs to know about asset protection for the elderly, and in particular the law governing eligibility for Medicaid. There are limits to the income and the monetary value of the resources…

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