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 […]
Looming Cost Of Long Term Care
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
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 […]
Paying for in home care
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
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. […]
