I Smoke Marijuana, Can I Get Life Insurance?

A lot of people are reluctant to admit recreational marijuana use. According to a 2019 Gallup Survey over 10% of the population smoke marijuana regularly. The likelihood of you knowing someone who smokes pot are pretty high, no pun intended. The positive news for smokers is that you will likely qualify for coverage, its justContinue reading “I Smoke Marijuana, Can I Get Life Insurance?”

Medicaid Long-Term Care- What is it? And How Can You Qualify?

State Medicaid-Long-Term Care (LTC) programs can provide care in a private home, a nursing home, an assisted living facility or a continuing care retirement community. Medicaid Long-Term Care remains the largest source of funding for nursing home care for individuals throughout the country. So, why does is still remain a mystery to many people? No,Continue reading “Medicaid Long-Term Care- What is it? And How Can You Qualify?”

Medicaid Spend Down Can Help Seniors Qualify for Long-Term Care Benefits

Assisted living or nursing care is expensive and many older adults will need to use Medicaid to pay for it. To qualify for Medicaid benefits, many older adults “spend down” or try to reduce their assets to meet the financial requirements. But the rules are complex, so doing this without help from a Medicaid advisorContinue reading “Medicaid Spend Down Can Help Seniors Qualify for Long-Term Care Benefits”

Why Right Now is the Best Time to Buy Life Insurance

Purchasing life insurance doesn’t have to be hard. Long gone are the days of filling out a paper application, completing blood and urine exams, and then waiting weeks for your results to know if you’re even accepted. Most life insurance companies now offer online applications that can be completed in 10 minutes. Even the bloodContinue reading “Why Right Now is the Best Time to Buy Life Insurance”

7 Ways Long-Term Care Insurance Can Keep You Out of the Nursing Home.

Spending years in a nursing home is not something people look forward to. For those who plan ahead and purchase long-term care insurance, it may be possible to avoid the nursing home all together. To continue reading this article click here. For more information on how a long-term care policy could benefit you or yourContinue reading “7 Ways Long-Term Care Insurance Can Keep You Out of the Nursing Home.”

Medicare vs. Medicaid: What Do They Cover?

Being in the line of work I am I often get asked about the difference between Medicare and Medicaid. Although they sound similar, the two programs have plenty of differences. Here is an explanation of each program and the different coverage each one offers. What is Medicare? Medicare is a federally funded health insurance programContinue reading “Medicare vs. Medicaid: What Do They Cover?”

How a Medicaid Compliant Annuity Can Help Pay for Long-Term Care

A Medicaid Compliant Annuity is not your typical annuity contract. When properly used a Medicaid Compliant Annuity can help an individual gain immediate Medicaid eligibility. These are specialized annuities normally used during crisis planning as a Medicaid spend-down tool and can help diminish the stringent five-year look back period provision. First lets begin with Medicaid’sContinue reading “How a Medicaid Compliant Annuity Can Help Pay for Long-Term Care”

How To Pay For Long-Term Care

Long-term care may not be the most exciting topic of discussion when sitting around the kitchen table, but if you want to make a smart financial decision and protect your nest egg, its prudent that you have a discussion. There are quite a few ways to pay for long-term care expenses when that time comes.Continue reading “How To Pay For Long-Term Care”