Happy New Year and welcome to R. F. Meyer & Associates’ January 2024 e-newsletter. We distributed the January 2024 newsletter by email earlier today. If you did not receive it, please see the link below to access it in PDF form.
This month we present three articles that should be of interest to interest to our Elder Law clientele as well as small business owners.
Our January 2023 articles cover:
- Each fall, the Centers for Medicare & Medicaid Services (CMS) renews the federal guidelines that seek to protect individuals whose spouses are applying for or receiving Medicaid long-term care benefits. These protections, known as the Spousal Impoverishment Standards, help to support the financial well-being of seniors who continue residing at home while their spouse on Medicaid lives in a long-term care facility, such as a nursing home. This article explains how new levels have been set for both the Community Spouse Resource Allowance (CSRA) – the limit of resources outside the family home the healthy spouse can maintain – and the Monthly Maintenance Needs Allowance (MMNA) for the healthy spouse’s income.
- On Jan. 1, 2024, a new reporting requirement went into effect that requires millions of small businesses to file new government reports. This article from the CT Corporation clearly explains the new requirements, and how to meet them – with links to find more help, if you need it.
- Those caring for aging loved ones perform difficult work and can get burned out if they don’t also take care of themselves. Adult day care centers offer care and companionship in a group setting to seniors who need supervision during the day, as well as a respite for family caregivers. This article explains the different levels of adult day care available to meet your loved one’s needs – and to provide respite support for family caregivers.
Should you need more information on any of these topics, or help with any Elder Law, Estate Planning or Probate Law issue, please contact our experienced staff at R. F. Meyer & Associates. Call our Worthington offices at 614-407-7900, send email to [email protected], or just fill out the contact form on our website, at elderlaw.us/contact.
We wish you a happy, healthy and prosperous year ahead in 2024!
Richard F. Meyer, Esq.