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Elder Law News

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By Linda Melancon
In Elder Law News
Posted November 20, 2017

Three Reasons Why Giving Your House to Your Children Isn't the Best Way to Protect It From Medicaid

You may be afraid of losing your home if you have to enter a nursing home and apply for Medicaid. While this fear is well-founded, transferring the home to your children is usually not the [...]

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By Linda Melancon
In Elder Law News
Posted November 9, 2017

GOP Tax Plan Could Deal Blow to Seniors Paying for Long-Term Care

The tax plan put forward by the Republican-led House of Representatives would eliminate many current deductions, and getting rid of one of them in particular could deal a serious financial [...]

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By Linda Melancon
In Elder Law News
Posted November 9, 2017

Social Security Beneficiaries Will Receive a 2 Percent Increase in 2018

In 2018, Social Security recipients will get their largest cost of living increase in benefits since 2012, but the additional income will likely be largely eaten up by higher Medicare Part B [...]

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By Linda Melancon
In Elder Law News
Posted November 9, 2017

What To Do When a Loved One Passes Away

Whether your spouse has just passed away or you have lost your mom or dad, the emotional trauma of losing a loved one often comes with a bewildering array of financial and legal issues [...]

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By Linda Melancon
In Elder Law News
Posted October 31, 2017

IRS Issues Long-Term Care Premium Deductibility Limits for 2018

The Internal Revenue Service (IRS) is increasing the amount taxpayers can deduct from their 2018 income as a result of buying long-term care insurance.

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By Linda Melancon
In Elder Law News
Posted October 19, 2017

Use Your Will to Dictate How to Pay Your Debts

The main purpose of a will is to direct where your assets will go after you die, but it can also be used to instruct your heirs how to pay money that you owe.

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 Nursing Home Costs Rise Sharply in 2017
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By Linda Melancon
In Elder Law News
Posted September 28, 2017

Nursing Home Costs Rise Sharply in 2017

The median cost of a private nursing home room in the United States has increased to $97,455 a year, up 5.5 percent from 2016, according to Genworth's 2017 Cost of Care survey.

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By Linda Melancon
In Elder Law News
Posted September 26, 2017

Now Is the Time to Review Your Medicare Options

Are you happy with your current Medicare plan or plans? Now is the time to think about whether you are in the right plan or whether a new plan could save you money. 

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 Florida Nursing Home Tragedy Causes Rethinking of Disaster Preparedness
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By Linda Melancon
In Elder Law News
Posted September 20, 2017

Florida Nursing Home Tragedy Causes Rethinking of Disaster Preparedness

The recent tragedy in which eight Florida nursing home residents died when the nursing home lost power in the aftermath of Hurricane Irma is causing government officials to rethink disaster [...]

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 Why You Should Use a Lawyer for Medicaid Planning
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By Linda Melancon
In Elder Law News
Posted September 15, 2017

Why You Should Use a Lawyer for Medicaid Planning

An attorney can help you save money in the long run as well as make sure you are getting the best care for your loved one.

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