Long Term Care Planning

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...

Do you have a loved one who will likely need long-term care in the years to come? Many Texas residents end up in this position, but they often lack the funds they need to pay for this type of care -- which can cost thousands a month. The state offers something called...

Making decisions for oneself is important for one's own sense of personal autonomy, but unfortunately it is not always possible. This is why long-term care plans should always include durable powers of attorney. Although some people in Texas might feel hesitant about...

Though most people hope that they will maintain their good health and senses until their dying day, that is not what happens for a significant number of individuals in Texas and across the country. Needing care in a nursing facility is common for people over the age...