Our Blog
Welcome to the blog of R. F. Meyer & Associates, where we share company news and informative articles related to our Elder Law, Probate and Estate Planning legal practice.
Can Life Insurance Affect Your Medicaid Eligibility?
When applying for Medicaid many people often forget about life insurance. But depending on the type of life insurance and the value of the policy, it can count as an asset. In order to qualify for Medicaid, you can't have more than $2,000 in assets (in most...
Non-Borrowing Spouses Get More Help in Reverse Mortgages
The federal government has expanded access to protections for spouses of reverse mortgage holders who are not named in the loan document, allowing more such spouses the ability to stay in their home if the borrowing spouse dies or moves to a care facility. A reverse...
Biden Proposes Billions More for Home Health Care Funding
President Biden has introduced a plan to spend $400 billion over eight years on home and community-based care for the elderly and people with disabilities. The money would go to expand access to care and support higher-paying caregiving jobs. As the elderly population...
June 2021 newsletter covers home health care, reverse mortgages, Medicaid eligibility
Earlier this morning, we issued our June 2021 e-newsletter. If you didn’t receive it by email, see the link below to open the full version of it in PDF form. The June edition has have some good articles for you. They cover: While it is unclear how much of the proposal...
The ins and outs of hospital bed rentals
If you are caring for a loved one at home, you may need to rent a hospital bed. Here are the ins and outs of hospital bed rentals. The benefit of a hospital bed is that it adjusts to allow people with limited mobility to more easily get in and out of the bed. The...
Can an IRA Affect Medicaid Eligibility?
For many Medicaid applicants, an IRA (individual retirement account) is one of their biggest assets. If you do not plan properly, that IRA can count as an available asset and affect Medicaid eligibility. Medicaid applicants can have only a small amount of assets in...
IRS: Face masks, related purchases are medical expenses
The IRS has announced that the tax deduction for medical expenses includes amounts spent on face masks, sanitizer and other products purchased to prevent the spread of the coronavirus. If you have significant medical expenses, you may be able to deduct them from your...
May 2021 newsletter now available
This morning we released our May 2021 R. F. Meyer & Associates newsletter. If you did not receive it by email, please find a link to a full PDF version of it below. Despite the thorough drenching from strong rainstorms across Ohio on Mother's Day, we hope you had...
Medicaid’s Complicated System of Nursing Home Care Coverage
For better and for worse, Medicaid is the primary method of paying for nursing home care in the United States. But navigating the Medicaid system is complicated and confusing. Here are the basics. Medicaid (sometimes called by other names, such as "Medi-Cal" in...