Earlier today we issued our February 2021 edition of the R. F. Meyer & Associates e-newsletter. If you did not receive it by email, please find a link below to download the full PDF version from our website. We have four interesting articles in this month’s...
Buying long-term care insurance is one way to protect against the high cost of long-term care. However, this type of insurance may not be for everyone, so consider all your options. To purchase long-term care – care in a nursing home or at home — you can pay in...
Do you need an attorney for even “simple” Medicaid planning? This depends on your situation, but in most cases, the prudent answer would be “yes.” The social worker at your mother’s nursing home assigned to assist in preparing a Medicaid...
Happy New Year and welcome to the January 2021 e-newsletter from R. F. Meyer & Associates. Earlier today we issued our January 2021 edition of the R. F. Meyer & Associates e-newsletter. If you did not receive it by email, please find a link below to download...
In some circumstances, immediate annuities can be ideal Medicaid planning tools for spouses of nursing home residents. Careful planning is needed to make sure an annuity will work for you or your spouse. An immediate annuity, in its simplest form, is a contract with...
The Social Security Administration has announced a 1.3 percent rise in benefits in 2021, an increase even smaller than last year’s. Cost-of-living increases are tied to the consumer price index, and a modest upturn in inflation rates and gas prices means Social...