Could You Benefit from an Irrevocable Living Trust?
When properly designed and implemented, Irrevocable Living Trusts can provide an almost unsurpassed level of asset protection, keeping your assets safe from the high cost of long-term care. And, similar...
How to Spot Illegal Nursing Home Debt Collection Tactics and Stop Them in Their Tracks
With 48 million families supporting someone in long-term care across the United States, all too often long-term care becomes the target for illegal activity that leaves the families who were simply trying...
How to Make Sure A Nursing Home is Right For You or Your Loved One
There are many factors to consider when choosing the right nursing home for you or your loved one. Here are a few you won’t want to forget: ...
Provide Your Feedback on the National Strategy to Support Family Caregivers By November 30th
The 2022 National Strategy to Support Family Caregivers is intended to serve as a national roadmap for better recognizing and supporting family and kinship caregivers of all ages, backgrounds, and caregiving...
Easing the Stress of Being a Sandwich Generation Caregiver
According to a 2021 survey conducted by the Pew Research Center, nearly a quarter of U.S. parents find themselves struggling as part of the “sandwich generation,” those who are caught in a squeeze...
The Rising Costs of Medicaid and Managing a Medicaid Crisis
Did you know that in the United States, the median monthly cost of a semi-private room in a nursing home is currently more than $7,900? And the cost of a private room exceeds $9,000 per month! Plus, depending...
Planning For Long-Term Care: Medicare v. Medicaid
Both Medicare and Medicaid can assist you with your individual long-term care plan. While the two programs sound similar, there are important differences to consider. ...
Aging in Place vs. Nursing Home Care: Important Factors to Make the Right Choice
A growing portion of the older population wants to stay in their homes as long as possible. This is known as “aging in place” and has several benefits when it is appropriate for the individual. However,...
Powers of Attorney: General or Limited?
One estate planning document likely to come into play sooner rather than later, for most people is a power of attorney. Powers of attorney allow you, the principal, to name someone else to act on your...
Filial Responsibility: Are Children Responsible for Their Parents’ Long-Term Care?
Filial Responsibility Laws, also known as Filial Support Laws, are relatively unknown. More than half of US states (including Puerto Rico) could hold adult children financially responsible for their parents’...