Family Caregivers eligible for Tax Credits
There are actually several tax credits and deductions available to adult children who help look after their aging parents or other relatives.
February 21, 2022
Understanding the Legal Terms in Estate Planning
For most people, entering the realm of estate planning can feel a bit like traveling as a tourist into another culture. Because the language itself is unfamiliar, asking a question can result in an answer that is equally confusing.
February 17, 2022
Preventing Long-Term Care Abuse
Advice for adult children, so their parents in nursing homes and assisted living are safe from scammers.
January 26, 2022
Planning items to consider in your 50s
If you are one of the many people who start getting serious about their finances as they reach their 50s, enjoy this guide for your next steps.
January 19, 2022
What are Home Caregiving Options for Parents?
Family caregivers cannot do all things all the time. Recognizing when you need outside help is good for you, and also for your loved one.
January 14, 2022
Costs of Long-Term Care can be Challenging
The costs of long-term care for older adults can be significant. Federal Medicare health insurance benefits do not cover most of these costs. Most people who incur costs for long-term care cover them with a combination of personal savings, long-term care insurance and Medicaid, among other sources.
December 30, 2021
Restructure Assets to Qualify for Medicaid
Several types of special income trusts and other strategies can be helpful, when trying to protect your family’s assets from the devastating costs of long-term care.
December 29, 2021
When to have Healthcare conversation with Parents?
Your elderly mother is getting forgetful and confused. What do you do now?
December 23, 2021
Ways to reduce Financial Elder Abuse
The financial exploitation of elderly people comes at a great cost: It costs victims as much as $36.5 billion each year, according to the National Council on Aging. It can also be more difficult to detect than physical abuse and neglect because it’s often done by family members, trusted friends and caregivers.
December 17, 2021
Divert Assets to maintain Medicaid Eligibility
Several types of special income trusts and other strategies can be helpful when trying to protect your family’s assets from the devastating costs of long-term care.
December 8, 2021