Spending down assets for Medicaid
cearbhaill (zone 6b Eastern Kentucky)
14 years ago
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Comments (11)
cearbhaill (zone 6b Eastern Kentucky)
14 years agolast modified: 9 years agosushipup1
14 years agolast modified: 9 years agoRelated Discussions
Can we get both VA and Medicaid ??
Comments (7)I am not sure about this as I did not have to "start from scratch" with my brother as he was getting his VA benefits in Ill. However when I tried to do anything for him with the VA they said they needed to talk with my brother. Well I went round and round because my brother has Parkinson's and some days just cannot project his voice. Finally I got a woman who understood and gave me her "private line" to call when I was with my brother. I did, all she asked my brother was to verify his SS number, which he did with my help and then she asked if it was okay for me to handle the details. However, I can tell you before all of that I got so darn many forms from the VA I could not make heads or tails out of them! I would think there are other alternitives to paying someone to fill out the forms. Contact your local Elder Care services and see if they can direct you to some help. Even calling the VA itself and asking for direction in filling out the proper forms might help. I can tell you that company will not get priority treatment, the VA does not work that way, your forms will be dealt with when they get to them. Send them registered mail to force them to sign for them, then you have proof of when they arrived. Do you have an assisted living place already picked out? If so ask the social worker there to help you, that is what they are there for and if they want to be paid they will help. Make a few more phone calls before paying that kind of money. Also, make sure you have all discharge papers in order and make copies! Call your local VA office and ask them what forms you need and if they can help you....See Morea 'gadget' for your wallet, to keep you from spending
Comments (10)Amateurs! People like me who court debt don't need the physical credit card to get into trouble. I had no mortgage or car payment six years ago...now I'm back in debt and no longer smug. Paid off a 15 year mortgage in 11 years...now I have a 30 year at 5.85% to consolidate all my CC debt. Did it all without pulling out a physical credit card. I have not carried a credit card or a checkbook in years. I just pick up the phone and order with the numbers already on file. I am getting back on track..but still having problems saying "NO" to my wants. Saving for my "needs" depressed me....now I am depressed and poor and I readily admit that depressed and financially secure is better. Greed? Is shop-a-holism some sort of greed? Nobody sees what I buy. My car is from 1999. I live in a modest home. I work in a one-man office. Filled four Salvation Army bags last night. Must've been 16 outfits donated that I wore only once. I am realizing now that I've bought clothes for a life I do not lead....See MoreMy husband is addicted to spending
Comments (12)Thanks to all for your thoughtful and heartfelt responses. I think I already knew that at least one of us needed counseling; maybe it took hearing it from "strangers" to finally make the deicision to do so. I control the checkbook, pay the bills, etc. I show him each month how much our regular expenses are in a vain attempt to get him to realize that we are spending more than he brings in each month. While he seems to understand the concept of income vs. outgo, it makes no difference to his spending. He keeps telling me that when "we" retire, his air force pension and 401(k) from his workplace, plus social security, will give us plenty of money. I've run the numbers, and it's true - IF he can stop spending so much! It was also very helpful to hear someone say I was being an "enabling doormat". I always knew I was being a doormat, but the addition of the word "enabling" was startling - and so true. Gives me more incentive than ever. Even when you understand the reasons behind someone else's addition (and I understand very well why he does this), it's hard to deal with. Thanks again to all!...See MoreSpending Etiquette
Comments (15)Greetings ca avon lady, It is frustrating to see people who have had an adequate income and saw fit to spend every dollar as it came in be in trouble immediately when their paycheque gets interrupted, for whatever reason. During about 25 years as a personal financial advisor, I've recommended to many clients and prospects that they set up a plan to build up a cushion of 3 mos.' worth of income at least, in case of emergency or interruption of paycheque, and preferably 6 mos.' - 9 mos.' equivalent, or even up to a year's worth. That gives one a measure of financial freedom - but the family being forced within a week or two to appeal to the grandparents for help to feed their kids sure doesn't enjoy any financial freedom. I'm feeling sad these days that so few appear to have taken that advice, whether due to inadequate level of income, lack of knowedge or skill, or of inclination. Many find it hard to plan ahead, but it's sort of like driving a car skilfully ... one doesn't keep aware of the road only within 50 - 100 feet or so ... but keeps aware of what's going on 1/4 - 1/2 of a mile away. When our children were young, we received a "Family Allowance" cheque monthly from the government, about $6.00 a month per kid, I think, in the late 60s. That amounted to about $72.00 per year, and Avon Products' share price was about $76.00 at the time, I think, so we invested in one share each per kid per year: 5 for 5-year-old son and 2 for 2-year-old daughter, as an investment aiming toward the time when they would be going to Univ.. Within a few years the share price had almost doubled ... but I don't know what became of them over time, for wife went on her own and the kids went with her, so I became a non-resident Dad. We used to get samples of newly developed products, each year in late fall - at a nice time to provide gifts for various family members, etc. When it came time for them to attend Univ., they paid about 1/3, their Mom a third, and I a third, and they each grad. with no debt, I'm fairly sure. Which reminds me that, several years ago, I called the local HomeBuilders' Association to suggest that their members should contact their members of Parliament to ask for larger support for post-secondary education. Their office person denied that such an idea had any relevance for their members. I said that if a univ. student grads carrying a debt of, say $75,000., on a student loan ... that's half of a regular mortgage. You know how long that it takes to pay off a mortgage. How long do you think that it may be before that grad. student, now quite likely in a professional career, will be able to get that student loan paid off ... ... and until much of that loan is paid off ... ... be able to consider seeking a mortgage in order to buy a home?? They ... had ... not ... given ... that ... idea ... any ... thought ... whatever!! Good wishes for increasingly shrewd use of both your income and assets ... and sensitivity enough to be aware of when to refer to such issues among family members, friends or work colleagues, etc., and to what depth. ole joyful...See Moreraee_gw zone 5b-6a Ohio
14 years agolast modified: 9 years agomaime
14 years agolast modified: 9 years agobuttoni_8b
14 years agolast modified: 9 years agomama22doxies
13 years agolast modified: 9 years agofranceymargaret
11 years agolast modified: 9 years agojayokie
11 years agolast modified: 9 years agojayokie
11 years agolast modified: 9 years agoCA Kate z9
11 years agolast modified: 9 years ago
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