There are financial record red flags that could alert you that someone is being a victim of financial exploitation. Does your loved one have unpaid bills, late charges, unusual amounts of cash or ATM withdrawals, charges for unusual items or other inconsistent findings in their financial records? If so, these could all be clues that […]
Married Couples and Medicaid: How Much Income Can the Community Spouse Have?
For a married couple applying for Medicaid, there are bound to be concerns regarding income and particularly how much income the community spouse (the one who isn’t in the nursing home) gets to keep. In Illinois, the base number is a set number that applies in all situations and that is $2,739. In Missouri, however, it […]
The Importance Of Moving Into A Memory Care Facility Before It Is Too Late
The natural instinct for us is to want to keep someone who has been diagnosed with Alzheimer’s at home for as long as possible before moving them into a memory care facility. But, in a lot of cases, that may not particularly be doing them a favor. We are creatures of habit and when we […]
Married Couples and Medicaid: Cars, Trucks and Other Vehicles
The Medicaid rules regarding cars, trucks and other vehicles are different for a married couple than they are for a single person. A single person is only allowed to have one vehicle in Illinois that is limited to $4500 in value (unless it is used or equipped for medical transportation), in Missouri without that particular […]
Victim Risk Factors For Elder Financial Abuse – Part 2
In the second part of the two-part series on victim risk factors for elder financial abuse (see part one here), we look at other circumstances such as depression and loneliness, social isolation and substance abuse that are risk factors for somebody becoming a victim of financial exploitation. As mentioned before, the presence of these factors doesn’t necessarily […]
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