People frequently confuse Medicare and Medicaid, especially as available options for seniors or individuals in need of long-term care following a sudden disability. Though both are federal programs and may sound similar in name, Medicaid and Medicare, in written form, work very differently. Both Medicare and Medicaid were started in
According to the US Census Bureau, more than 51 million Americans are currently aged 65 or older, and the number is steadily increasing while medical and technological advancements are allowing seniors to live longer and better lives than ever before. The expanding needs of the US aging population are contributing
All too often, aging parents gift their adult children or others with resources to share their legacy and take advantage of tax regulations for gifting each year. However, tax regulations and Medicaid eligibility rules are not the same. Gifting that complies with tax goals and IRS rules may cost even
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