Find out how annuities play into Medicaid planning for your elderly parents. It may seem hard to believe that annuities can help the elderly qualify for Medicaid - yes, Medicaid. This is sometimes called the "Half-A-Loaf" approach, and in certain cases, it can be a lifesaver for those who need the help the most.
46 CommentsLong-term care at home provides seniors the opportunity to age in place. Various care options and financial support programs are available to assist.
0 CommentsNavigating Medicaid eligibility for married couples is tough. When only one spouse needs long-term care, be sure to familiarize yourself with spousal impoverishment provisions and your state’s rules for counting income.
2 CommentsThe rules that govern therapeutic leave for nursing home residents depend on how a how a senior’s care is being paid for. Avoid costly mistakes by learning about Medicare and Medicaid bed hold policies.
2 CommentsFamily Caregiver Blog: Charlie and I just visited a local assisted living facility to see whether it might be a viable housing option for us in the future. We were shocked.
15 CommentsCaregivers want objective advice and guidance. Long-term care is a major life decision, so understandably, caregivers have a long list of concerns: navigating the complex long-term care landscape, paying for care and choosing the right care top the list.
1 CommentFinding activities that appeal to elderly men can be tricky, but senior living communities are offering more hobbies and amenities geared towards male residents. See how activity calendars are changing to ensure all residents are content and engaged.
1 CommentA survey of family caregivers shows that the costs of caring for aging parents has a significant financial impact that could derail everyday budgeting and retirement planning for adult children.
13 CommentsAs parents age and require more and more help at home, live in care is often considered as an alternative to moving into senior living. Explore the costs, pros and cons of hiring a live-in caregiver.
0 CommentsUnderstanding the differences between inpatient senior rehabilitation and outpatient rehab services will help you avoid headaches when trying to find the best rehabilitation center for an elderly loved one.
0 CommentsMillions of Americans step into the role of family caregiver without really thinking about this label or fully understanding the responsibilities and sacrifices that come with it.
0 CommentsIt can be a real shock when a care facility notifies a family that it is evicting their aging loved one. Learn about the nursing home discharge and appeals process to prevent an unfair or unsafe discharge.
7 CommentsFilial responsibility laws in some states hold that adult children may be liable for their parents’ unpaid medical and nursing home bills. Learn your responsibilities in paying an impoverished parent’s long-term care costs.
10 CommentsThe 2015 Cost of Care study reveals where to find the cheapest long term care in America, as well as where in the country long term care is the costliest.
1 CommentFinding the right nursing home for an elderly loved one can be difficult. Here's how an online tool can help you weigh three important factors of nursing home care.
20 CommentsMany long-term care facilities provide regular programs and events, but family members can supplement these offerings with personalized activities that focus on sharing time together. A picnic is a fun, adaptable get-together that everyone will enjoy.
0 CommentsAnnuities allow investors to receive a steady income stream in retirement. It is one strategy to consider when the time comes that a senior parent must move to an assisted living community or nursing home.
3 CommentsThe average senior pays nearly $39,000 in out-of-pocket medical costs during their final five years of life, even when most of their expenses are covered by Medicare, according to a recent analysis. Out-of-pocket costs soar for many on medicare.
0 CommentsCost is a major factor in choosing an independent living community, assisted living facility or nursing home. When planning for long term care costs, seniors should anticipate paying even more for room, board and care over time.
9 CommentsThe death of one parent often exposes the care needs of the surviving spouse. Unfortunately for many adult children, the funeral of one parent becomes a time for planning for the long-term care of the surviving parent.
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