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Monthly Archive for: "April, 2015"
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By Chad Oldham
In Elder Law News
Posted April 24, 2015

Is There Any Way Mom Can Inherit Money Without Losing Medicaid?

There are a few possibilities. In some states, your mother could transfer her funds to a so-called “(d)(4)(C)” or “pooled disability” trust. Here’s a link to a list of such trusts that may [...]

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By Chad Oldham
In Elder Law News
Posted April 21, 2015

How Can We Convince My Father That Moving from the Nursing Home to Our House Is Not an Option?

You do not have to take your father in, even if he is evicted from the nursing home. In terms of convincing him that you would be at risk of liability if he were to move in with you, I [...]

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By Chad Oldham
In Elder Law News
Posted April 21, 2015

VA Eliminates Net Worth Requirement for Health Care

The Department of Veterans Affairs (VA) has updated the way it determines eligibility for VA health care benefits, making it easier for many veterans to get access to the benefits. The VA will no [...]

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By Chad Oldham
In Elder Law News
Posted April 17, 2015

Congress Schedules End to Insurance Coverage of Medicare Part B Deductible

Medicare beneficiaries often buy “Medigap” insurance that pays for many of regular Medicare’s deductibles and copayments. But as a result of legislation just passed by Congress, [...]

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By Chad Oldham
In Elder Law News
Posted April 14, 2015

Who Pays the Nursing Home While Waiting for Medicaid Approval?

Yes, people can apply for benefits before they are eligible, with the approval taking effect on the date of eligibility. While the nursing home resident’s application is pending, generally [...]

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By Chad Oldham
In Elder Law News
Posted April 10, 2015

Cost of Private Nursing Home Room Now Averaging $91,250

The median cost of a private nursing home room in the United States has increased 4.2 percent to $91,250 a year, according to the 2015 edition of a Cost of Care survey that the insurer Genworth [...]

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By Chad Oldham
In Elder Law News
Posted April 9, 2015

Decisions to Make for Your Power of Attorney

A power of attorney may seem like a simple document, but there are several important decisions that need to be made when creating one. From whom to appoint to what powers to grant, care and [...]

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By Chad Oldham
In Elder Law News
Posted April 8, 2015

How Can I Seize Control of My Mother’s Finances From My Sister?

If your mother is still legally competent, she can revoke her existing durable power of attorney and execute a new one naming you or someone else as her new agent. If she does not have legal [...]

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Mr. Oldham’s areas of practice are estate planning, elder law, probate and trust administration, estate and trust taxation, charitable and not-for-profit planning, business succession, wealth preservation planning, and special needs planning.

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603 Southwest Drive
Jonesboro, AR 72401
Phone: 870-930-9919
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