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.
Care planning: Know what’s involved if Medicaid may be in your future
One of the greatest fears of older Americans is that they may end up in a nursing home. This not only means a great loss of personal autonomy, but also a tremendous financial price. Careful planning can help ease the financial burden. Depending on location and level...
How You Can Fall Into Medicare’s Donut Hole, and How to Get Out
Medicare prescription drug (Part D) plans can have a coverage gap—called the "donut hole"--which limits how much Medicare will pay for your drugs until you pay a certain amount out of pocket. Although the gap has gotten much smaller since Medicare Part D was...
July newsletter packed with good articles about Elder Law
Earlier today we issued the July 2021 edition of the R. F. Meyer & Associates monthly e-newsletter. We strive with the newsletter to provide information on legal topics that is pertinent and interesting to you clients of our Elder Law practice. If you didn’t...
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...