nursing home Archives | Reverse Mortgage Alabama

Why is it always a goal to put aging loved ones on Medicaid? I’m asking this question, because I constantly see articles and receive advice from family/financial/ estate planning about getting Medicaid coverage, and how to “protect” the aging’s assets so they can qualify for Medicaid. Here’s my question, if your loved one spent their…

These financial advisors help their clients tackle this unknown looming cost of long term care; 70% of us will need. CNBC KEY POINTS. A person turning 65 today faces a nearly 70% chance of needing long-term-care services during their remaining years, government research shows. With prices soaring on insurance policies that provide straight coverage, some…

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…

Trying to figure out how you can pay for in home care for a loved one? You are not alone trying to find a way to keep mom or dad at home especially if they have already had a bad nursing home experience. Trying to find a way to pay to keep an elderly parent…

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.…