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In the past, to avoid exceeding Medicaid’s income and asset limits, many individuals transferred their assets into the name of other relatives, particularly when nursing home care was immediately needed. Now, Medicaid takes into account all asset transfers made in the preceding five years prior to an application for Medicaid benefits (this period is called […]
The post Can I Get Medicaid if I Transfer All of My Assets to My Spouse? appeared first on SeniorNews.
Growing up as the youngest of seven children I was surrounded by many maternal figures. The age difference between me and my oldest sister is sixteen years. In addition to the love from my parents, my siblings made sure I had everything I needed – everything except a plan for the unthinkable. At 10 years […]
The post Life (and Death) Happens: Why a Plan Is So Important appeared first on SeniorNews.
Frauds and scams have escalated. Here are a few tips I received from my bank that will help keep us aware of scams. The following note appeared in my email this morning and I hope you take precautions to remain safe. “Carol, we’ve become aware of a widespread scam targeting bank customers nationwide, including ours. […]
The post How to Outsmart a Fraudster appeared first on SeniorNews.
With about 40% of adults in the U.S. foregoing life insurance, it makes sense to discuss how this can affect family members and close friends. For those of you who have played a part in financing a funeral when an uninsured family member or friend has passed away, certainly, you are intimately familiar with the […]
The post Ultimate Guide to Burial Insurance appeared first on SeniorNews.
Life in retirement isn’t what it used to be. The economic landscape has changed, and people are living longer than ever. If you find yourself needing some extra money, or just bored, then you are in luck. There are plenty of part-time jobs available for retirees and seniors, and a lot of them can be […]
The post 8 Amazing Part-Jobs for Seniors and Retirees appeared first on SeniorNews.
Becoming an entrepreneur is not an easy task for anybody. It requires finding the right business for you. After determining which field of business to pursue, entrepreneurs need to plan their business goals strategically. For the lucky entrepreneurs, who already have arranged their capital, they can begin to implement their business plan. Let’s consider that […]
The post High Earning Opportunities for 50 Years Young appeared first on SeniorNews.
