How to Manage a Special Needs Trust
Trusts give parents of special-needs children additional options for extending care and financial assistance. However, you might need some expert help.
June 28, 2021
Protect Assets and maintain Medicaid Eligibility
The bill for long-term care adds up fast. The annual median cost for a private room in a nursing home was $105,850 in 2020, according to Genworth. The government could pick up these costs if you qualify for Medicaid, but that’s easier said than done.
June 17, 2021
Can I Be Paid as a Caregiver?
Your chances of getting paid to be a family caregiver are best if you are caring for a U.S. military veteran or for someone eligible for Medicaid, but other possibilities exist.
June 9, 2021
What are the Early Signs of Dementia?
From age 50 on, it’s not unusual to have occasional trouble finding the right word or remembering where you put things. However, persistent difficulty with memory, cognition and ability to perform everyday tasks might be signs that something more serious is happening to a loved one’s brain.
June 8, 2021
Protecting Loved Ones from Elder Abuse
The pandemic has kept our aging parents away from us and us away from them for over a year. This isolation is not total. Some people have access, some ignore warnings and some are intent on using the pandemic to hide their actions.
May 26, 2021
Assets not Covered by a Will
While a will is one of the most important estate planning documents you can have, there are things that a will won’t cover.
May 12, 2021
Address Finances if Diagnosed with Alzheimer’s
If a person close to you has been diagnosed with Alzheimer’s disease, it may be time to address some serious financial questions.
May 6, 2021
Deduct Expenses for Long-Term Care
The IRS allows some limited tax breaks on medical expenses and insurance premiums related to long-term care.
April 29, 2021
Protect your Special Needs Child’s Benefits
If you have a child or other family member who has special needs due to physical or mental conditions, you face a variety of challenges planning for their care, including financial ones.
April 28, 2021
A victory for Adults caring for Aging Parents
Advocates are celebrating an important victory for individuals who provide care for their parents at home. The new decision will likely lead to a substantial expansion in the number of homes transferred to those caregivers.
April 21, 2021