How to Know If Your Aging Parents Need Home Care. by Elder Law Answers Friendly nurse interacts with senior woman in home setting.As our parents get older, we must make tough decisions regarding their health care. It can be hard to know when to bring in professional support in the form of home care. Consider […]
Reverse Mortgage to pay for long-term care
Should you use a reverse mortgage to pay for long-term care? Someone turning 65 has nearly a 7-in-10 chance of needing long-term care in the future, according to the Department of Health and Human Services, and many don’t have the savings to manage the cost of assisted living. But they may have a mortgage-free home […]
In Home Care needs
Understanding the Pros and Cons of Reverse Mortgages for Seniors In Home Care needs. Many in home care providers have agreements set up with the large lenders, but I am local and have been helping keep loved ones at home for over 15 years. When it comes to helping an aging loved one with financial […]
What Is the Best Way to Use the Equity from My House to Pay for My Care? My estate consists of a single-family home that is totally paid off, with a current value of $1 million. My adult children have no need for, nor do they want, an inheritance. I would like to get the […]
Alzheimer’s disease
What types of memories are forgotten in Alzheimer’s disease? There are different types of memory and not all of them are related to Alzheimer’s disease. I have worked with many people using a Reverse Mortgage to keep a loved one at home. I would consider no – matter what you think you will do down […]
What Is a Professional Fiduciary
What Is a Professional Fiduciary Elder law attorneys urge the public to create a legal plan, but it is difficult for individuals without immediate family to decide who to appoint as their health care surrogate or agent under a power of attorney. All too often, these individuals avoid completing the appropriate documents, leaving them […]
11 Ways Caregivers can Keep a Marriage Healthy
11 Ways Caregivers can Keep a Marriage Healthy This something that is geting more fmailiar by the day. Nursing homes and in home care can cost over $100,000. Many people elect to move mom or dad in with them. Caring for an aging parent can be stressful beyond belief. According to an article published in […]
Aging Parents Need Help at Home
How to Determine if Aging Parents Need Help at Home How will you know when your aging parents need help at home? One thing is certain: your aging parents aren’t likely to be the ones who tell you they need a helping hand! Admitting the need for help and accepting assistance are not easy for people […]
Long Term Care Education
How to Plan and Pay for Long term Care With and/or Without Insurance Seniors have been the most vulnerable population during the coronavirus pandemic. They have been especially hit hard by the health impact of the virus, as well as the financial turmoil that the virus has unleashed. But financial security is a concern for […]
Reverse Mortgage and Medicaid
What happens to a reverse mortgage with Medicaid? By Karin Price Mueller | NJMoneyHelp.com for NJ.com Q. Does recovery of a Medicaid lien on a home take precedence over a reverse mortgage? Or even a regular mortgage? I could foresee a situation where someone would take out a reverse mortgage to cash out, figuring they would […]
