Should I give my house to my children for a $1.00?
We do not recommend this due to divorce, bankruptcy, and the fact that they own the house. They can do anything with it at that point.
Should everyone have a Will?
Yes, even if you think you do not have anything to leave to beneficiaries. A Will is not only used to disperse property, but it includes language that will save the estate time and money.
Does Medicare pay for a Nursing Home?
1. If you are in a hospital for 3 consecutive days and then enter a nursing home, Medicare will pay for the first 20 days.
2. Medicare will then pay 80% up to 100 days if the resident requires some type of therapy.
3. If the resident no longer needs therapy, Medicare will stop paying immediately.