Filial Support Law

Money for nothing and your healthcare for free…I want my subsidies

“Money for nothing and your health care for free…” Not exactly the line from the 1985 Dire Straits hit, but lately it seems to fit the mantra of many in the country, especially after the Affordable Care Act passed and everyone learned about “subsidies”. “I want my, I want my, I want my subsidies…” According […]

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5 Reasons why you need an Annuity that the Motley Fool will never tell you

For the past few years, the Motley Fool has been releasing articles on the five worst things that you can do with your money. Their latest advice (brought to you by Sean Williams, a “Fool” since 2010), does not make sense in the big picture of retirement, especially when your health care costs are factored […]

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Long-Term Care, the 5 year look back & Medicaid – Things may have changed for your children

Those that have followed or are planning on following the age old advice of hiding assets along with income to qualify for Medicaid in order to receive “free Long-Term Care” may want to sit down and read the fine print to the actual rules of Medicaid. Things have surprisingly changed and what you don’t know […]

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Planning for your parents retirement…you should be!

Ever hear of Filial Support Law? The little unknown law on the books of 29 states that has the possibility to impact anyone who has a parent residing in them. Under this law each state can go after the families of people who have unpaid health costs which they accrued while being enrolled under Medicaid.

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