The California senate has unanimously advanced a bill (SB 33) to limit the amount of assets that California can recoup from deceased Medi-Cal beneficiaries, the Los Angeles Times reports. In 1993, the federal government began requiring all states to recoup…
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Long-Term Care Insurance: Options Abound, As Do Complications
Long-term care insurance has become a critical topic as health care costs continue to rise. The U.S. Department of Health and Human Services estimates the average annual cost of U.S. nursing home care to be $74,820. But in California, the…
Tagged with: AARP, California Health Advocates, CBS, estate planning, Gilfix La Poll Associates, LLP, Los Angeles Times
Many Americans Have No Savings and Are Stuck with High-Interest Debt
Nearly half of all Americans do not have enough savings to ride out a single emergency. And many more may be trapped in a cycle of debt on a certain type of high-interest loan. Two reports in the Los Angeles…
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