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Social Security Benefits to Inch Up 1.7 Percent in 2015
ElderLawAnswers.com
Social Security card The nation's elderly and disabled Social Security recipients will receive a 1.7 percent increase in payments in 2015. This is expected to raise the average monthly payment for the typical retired worker by $22. The increase is ...

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If I Put My House In Trust Can I Still Withdraw From My Home Equity Loan
ElderLawAnswers.com
If I Put My House in Trust, Can I Still Withdraw From My Home Equity Loan? Q: I have a mortgage and a home equity loan outstanding. If I put the house in an irrevocable trust, can I still withdraw from my home equity loan, or will only the trustee be ...

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Answers Corp. group raises $39 million for new fund
St. Louis Business Journal
The raise comes just more than a month after Apax Partners agreed to acquire Answers — a St. Louis-based company best known for its question and answer website Answers.com, but also owns other cloud-based companies that help businesses engage ...

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Can My Parents Avoid A Lien On Their Home If Both Are Receiving Medicaid
ElderLawAnswers.com
At age 62, my mother was diagnosed cancer and began receiving Medicaid from the state of Virginia, including the services of a home caretaker. She is now 66 and in the final stretch of her cancer battle. My father, who is 70, was diagnosed with ...

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Parents' Medical History May Make Long-Term Care Insurance More Expensive
ElderLawAnswers.com
LTCI Photo Your parents' health could be one of the many factors that long-term care insurance providers take into account when deciding how much to charge you. One major insurer has started rating applicants based, in part, on the applicant's parents' ...

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Medicare's Basic Part B Premium to Stay at $104.90 for 2015
ElderLawAnswers.com
The Centers for Medicare and Medicaid has announced the Medicare premiums, deductibles, and coinsurances for 2015. For the second year in a row, both the standard Medicare Part B premium of $104.90 a month and the Part B deductible of $147 will ...

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What Are The Pros And Cons Of Adding My Adult Daughter To The Title Of My ...
ElderLawAnswers.com
What Are the Pros and Cons of Adding My Adult Daughter to the Title of My Home? Q: I am a single woman and wish to add my daughter's name on the title of my home with right of survivorship. What are the pros and cons? A: While we can't go into all the ...

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Mom Cant Live On Medicaids Spousal Allowance What Can I Do
ElderLawAnswers.com
My father is in a nursing home in Tennessee and was approved for Medicaid. My mother is in an assisted living facility. Their total income for a month is $4,909. From this income, $2,033 will go to my father's nursing facility and Medicaid will pay the ...

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Can I Rent Out My Condo While Receiving Medicaid Long Term Care Benefits
ElderLawAnswers.com
Can I rent out my condo while Medicaid is paying for my long-term health care? I pay a monthly maintenance fee, but have no mortgage. The nursing home already receives my Social Security, Teamster's pension and VA monthly benefit. Will the condo rent ...

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What Are The Consequences Of Becoming The Paid Caregiver For A Family ...
ElderLawAnswers.com
My sister-in-law is 61, my mother-in-law is 91. If my sister-in-law leaves her job and becomes the full-time caregiver to her mom, and draws a salary, are there any penalties to the estate? A: That would be fine if properly structured. There are tax ...

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