U.S. Govt- How to pay for care

download

U.S. Govt- How to pay for care. Costs & How to Pay for care – Paying Privately for care – Reverse Mortgages to pay for care. I found this publication by the U.S. Department of Health and Human Services on LongTermCare.gov.   To help find your path forward. The Basics Just beginning to think about long-term care? Start here; it’s […]

Aging in Place

Diving Deeper into Medicare Advantage’s Potential for Aging in Place Aging in place remains a major priority for many seniors who take out a reverse mortgage, using the proceeds from their loan to help make the goal of staying in their house more possible. With newly-proposed changes to the Medicare Advantage program having the potential to allow […]

Reverse Mortgage Before It’s Needed

Why Open A Reverse Mortgage Before It’s Needed?  I have been preaching this sermon for years and some financial planners have started to listen. Open the Reverse Mortgage early in life and let the line of credit grow. The Elder Care publication (NAELA) wrote a front page article last spring call Long Term Care Insurance […]

My nursing home horror story

My nursing home horror story In my line of work, I have seen and heard many nursing home stories. I have a lot of experience helping families use a Reverse Mortgage to supplement the cost of long term care or nursing home care. My recent experience is more disturbing that anything I had previously heard. […]

Long Term Care Insurance

Long Term Care Insurance Grows More Difficult for Seniors to Fund Financial PLanners and Elder Care Attorneys are recommending Reverse Mortgages (HECM) to help seniors have enough funds to retire or put the money in a line of credit and let grow until their client has medical needs. Options for long-term care (LTC) insurance are diminishing […]

Reverse Mortgages for home care

Reverse Mortgages for home care- Understanding the Pros and Cons I found this un-biased article on using a Reverse Mortgage for long in home term care written by Valerie Vanbooven for the Agingcare.com webssite When it comes to helping an aging loved one with financial decisions, caregivers want to make sure they take the time […]