In the last Blog we discussed Medicare as a first government program that can help with the costs of long-term care. Now we will discuss a second program, available through the Veterans Administration that can help certain Veterans with the costs of paying for care in their home, assisted living or skilled nursing homes. VETERANS…
DetailsThere are two approaches to paying for care. Assume the responsibility yourself or rely on the State and Federal government to pay for the care. If you choose to assume the responsibility to pay for your own care, you will use your own assets and income or purchase long-term care insurance to help pay for…
DetailsWe all want to just die some day in the distant future. No one wants to be dependent and require caregivers for any extended period before we die. The reality is obvious – as we age we probably fall apart. Just like an older car, the tires get flat or bald; the fender rusts and…
DetailsWe have clients who are doing their best to help elderly family members, but are inadvertently harming their loved ones by leaving them isolated and alone. There just are not enough hours in a week to do the shopping, preparing meals, visiting, cleaning and the other large and small endless chores required for fragile or…
Details“Failure to prepare is preparing to fail.”1 Everyone has a 70% chance of needing care before they die.2 If you are unlucky and in that 70% group, how are you going to pay for that care? The costs range from $20 per hour for a bath aide to come to the home to over…
DetailsEveryone knows that a Last Will and Testament describes how you want your affairs managed when you die, who is in charge, and who you want to have your property after you die. Michael Jackson, Elvis Presley and Jackie Kennedy Onassis each had one. Who can write a Will? Anyone who is age 18 or older can…
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