If you served during active duty during a wartime period (WWII, Korean War, Vietnam War or Persian Gulf War) or if you are the widow of someone who has, you may be eligible for a monthly payment from the Veterans Administration. This benefit, known as “VA Aid and Attendance,” can be used to defray the costs of in-home, assisted living or nursing home care.
When a person dies owning a 401(k) or an IRA, must these accounts be used to pay the decedent’s debts, or are they exempt from the claims of the decedent’s creditors? The short answer is: it depends.
After the death of a spouse, the surviving spouse will inevitably receive bills from hospitals and rehabilitation facilities. Typically, these bills are sent in the name of the deceased spouse. Are you, as the surviving spouse, obligated to pay them?
Be Careful What You Wish For: Why to Consider Creating a Supplemental Needs Trust to Hold a Personal Injury Award
It may be hard for a prevailing plaintiff to imagine that winning a personal injury judgment or settlement could make it more difficult to afford housing and medical care, but that is often that case for people who receive Medicaid and Supplemental Security Income (SSI).