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Medicaid Planning Archives

Medicaid planning and inheritances

Timing is everything. This is especially true as a Colorado resident considering Medicaid planning. The timing involved in transferring assets, inheriting assets and making purchases can be important factors in estate planning and determining Medicaid eligibility.

Planning for the long-term care of your parents

No one likes to think about what is going to happen as their parents grow older, but for most people, doing so is a necessary, if unfortunate, reality. In many cases, the easiest time to begin long-term care planning is early on, when your parents are still relatively sharp and able to clearly express their own wishes and desires.

A progressive disease diagnosis can be devastating

The numbers are staggering, but the reality can be even more so. Alzheimer's and dementia are on the rise throughout Colorado as well as the rest of the nation. The emotional and financial costs associated with a progressive disease such as these can be overwhelming.

Statistics indicate need for Medicaid planning

Numbers often give a clear picture of what one can expect. Statistics regarding what will happen as the Colorado resident ages tell a story that can significantly affect one's financial future. These statistics suggest that the individual should consider the need for long-term care and possible Medicaid planning as a part of planning for his or her financial future.

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