Texans who are concerned about health care costs should understand the options available to them. Depending on their financial situation, there are programs that can provide them with the needed services even if they do not have the money or insurance coverage to pay...
Many residents of the Dallas-Fort Worth area may find themselves in a bind as they get older and face the reality that they will require long-term care in a nursing home or other assisted living facility. On the one hand, the government’s Medicaid program will pay for...
Estate planning is a constantly evolving process, as family and individual needs change over time. No matter how well individuals may plan, there are events or health concerns that may arise to put a strain on these financial resources. An elderly person who realizes...
Most people are familiar with Medicaid, a government administered program that provides health care benefits to qualifying individuals. In Texas, there are 5 different types of available Medicaid coverage. If you qualify for Medicaid, understanding the components of...
Many individuals in Texas qualify for Medicaid, which is a government program that provides health care coverage for low-income recipients. When the state determines a person’s eligibility, it will consider all income sources including employment income, benefits,...
Most people know that they need to purchase various types of insurance, including coverage for their car, home and health. They may not have considered the need for long-term care insurance, however. Long-term care insurance pays for care including nursing care, home...
Nursing home care is expensive, period. For many people, it’s not something they or their family can afford for a significant length of time. Fortunately, Medicaid may be available as an option to handle those costs, but the eligibility requirements are rigorous....
A special needs trust is created for a person who has a physical or mental disability and lacks the capacity to manage their finances. The person who manages the trust is called the trustee and the person for whom the trust is managed is called the beneficiary. A...
In planning for the future, it may be easy to assume that just because something appears to make sense then it should be okay. This is true for many things; however, when it comes to Medicaid planning, some things that may seem harmless or even beneficial can come...
Many Texas residents will, at some point, require long-term care. How they pay for that care, though, is a question to which several do not have an answer. The simple truth of the matter is, the cost of care is skyrocketing, and most people cannot afford it on their...
