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Doesn't Medicaid Exempt $12,000 per Year Gifts? (Popularity:  )
http://www.medicaidsecrets.com
Many people are aware that there is some exemption for gifts, but the details are a little hazy. Usually it goes something like this, "I thought there was a $10,000 per person exemption for gifts, so there would not be a Medicaid penalty. No?"
First of all, the client is confusing a gift tax exclusion with a Medicaid gift exclusion.
Under federal gift tax rules, a "taxable" gift is made whenever one ...
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Financially Supporting Adult Children Without Hurting Yourself (Popularity: )
http://www.stonerfinancial.biz
As Washington unfurls its financial-market rescue, more seniors are looking at having to do private bailouts within their own families.
Even before today's economic crisis, many adult children were benefiting from the generosity of their parents who are approaching retirement or already retired. Almost 4 in 10 adults age 60 or older give money to their adult children according to the Pew Research Center.
Fluctuating costs of fuel and food, declines and ...
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Five Ways To Keep Family Elder Care Conferences From Spinning Out Of Control (Popularity: )
http://www.mreldercareonline.com
Gathering the family together to discuss what to do about mom can light the fuse of smoldering family issues.
Here are five basic ground rules
Rule #1: Put your loved one's needs first.
This rule seems plain enough, but when you bring a family together, you bring decades of sibling rivalry, accepted beliefs and long standing issues of trust and confidence (or lack there of!).
Rule #2: Invite everyone with a role in the ...
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Gift Ideas For Those Living In A Nursing Home (Popularity: )
http://www.celebrateahero.com
Elderly people who dwell in a nursing home have needs that are considerably different from those living in their own home, not to mention being constrained by a limited space. Nevertheless, the confines of a nursing home do not exclude these people from receiving tokens of appreciation. Indeed, there are still numerous valuable gift ideas for those residing in nursing homes. Not knowing what these people need or want is ...
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HIV Targets Senior Citizens (Popularity: )
Entering her second year as a widow, my dear friend Rachael was past the several stages of grief and closing that chapter of her life; not an easy task but necessary for anyone who has survival instincts. She began dating again and I couldn’t have been happier for her. Sam was like a brother in a sense; a long time friend from our college days. At first it was dinner ...
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How to Choose a Good Nursing Home (Popularity: )
http://www.medicaidsecrets.com
With nursing homes costing anywhere from $3,500 to $10,000 per month (depending on your state), and with the average stay about 2 1/2 years, the total cost of a typical stay in a nursing home can be between $100,000 and $300,000. However, family members should not focus only on the cost but also on the care of their parent or spouse. How do you go about finding a good nursing ...
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How to Choose Between New Jersey Home Care Agencies (Popularity: )
http://www.accreditedhs.com
When a family learns that a loved one needs daily medical assistance, the decision must be made on what option will be the best fit for the entire family. While skilled nursing facilities are available for short and long term care, many families prefer for their relative to remain at home for their care. That is where New Jersey home care agencies can help families keep their loved one at ...
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How to Live With Family Members Without Hating Each Other (Popularity: )
Face it, times are tough.
Families are more strapped financially than ever.
Can you afford to stay in your own home?
Are you a boomer or sandwich generationer wondering how to care for/pay for your kids, your parents and save for your own retirement? Are you recently widowed or retired and wondering how you'll make ends meet?
There are many reasons why family living, or family caregiving is a great option-it's easier to take ...
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Independent Living Aids (Popularity: )
Independent living aids are products that are used to help senior citizens or disabled people in their day-to-day activities. Some of the aids are talking products, writing guides, hearing aids, and low vision aids, among others.
For those who are visually impaired, there are independent living low-vision aids that help them lead a normal life. There are canes to help in walking, Braille products for them to enjoy reading, talking cooking ...
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Independent Living Communities (Popularity: )
Independent living communities are designed for those seniors who are active, healthy and able to live their lives without others’ assistance. These communities consist of homes, condominiums, apartments and mobile homes for residents to maintain an independent lifestyle. However, there are some communities that offer only minimal services like building and ground maintenance, plus security. These are no different from residential enclaves, except for the age restriction to those over ...
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