As you or your parents get older, it's natural to start thinking about the future and the financial impact of long-term care. Many people worry that nursing home costs and medical expenses could ...

Nursing home care can pose significant risks to personal assets, as illustrated by a couple concerned about whether a facility could claim their $500,000 IRA and assets held in a trust. For instance, ...

A nursing home cannot directly seize funds held in an individual retirement account (IRA). However, retirement accounts in many states are generally treated as countable assets for Medicaid ...