Spousal Impoverishment Program News Today

The collapse of two banks has put the U.S. financial sector into focus this week. Some are considering the alternative structures of institutions like credit unions. ...

North Carolinas Attorney General Josh Stein recently won a lawsuit shutting down a massive robocall operation out of Texas. According to the Attorney Generals office - in 2019 and 2020 alone - the companies Rising Eagle Capital Group LLC, JSquared Telecom LLC, and Rising Eagle Capital Group-Cayman bombarded North Carolinians with more than 75 million robocalls. Stein said Americans lose about $30 billion each year to fraud by scam callers, who intimidate consumers with threats of arrest. .....

Seventy percent of those who reach age 65 will need long-term care services or expensive in-home nursing care, and 42% of it nationwide is paid for by Medicaid. With long-term care costing nearly $100,000 a year in Nebraska as of 2022, assets can quickly be wiped out. Anne Mangiameli, an attorney in Omaha, said states are required to "recover" funds Medicaid spends on in-home or out-of-home nursing care for those 55 and older, but the Spousal Impoverishment program allows the...