Let’s look at a difficult but very common scenario where a husband or wife has an immediate need for nursing home care. Unfortunately, the couple
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Family Long-Term Care Isn’t a Cure-All for Seniors
With people living longer, odds are that many of us will become disabled for some time before we pass away and will need some long-term
Which One of Us Should Take Care of Mom and Dad?
With Americans living longer, many Baby Boomers now find themselves giving financial and emotional support to their aging parents. An important part of this process
Communication Key in Caring for Parents
Good news for older parents: your children will help support and care for you as you age. That’s according to a new study from Fidelity
Miller Time in Missouri: Qualified Income Trusts Are OK to Use
The St. Louis Post-Dispatch recently reported in "Trusts sidestep Missouri income limit for home care" that the Missouri Department of Social Services now recognizes Qualified
Trusteed IRAs can be a Good Strategy When Faced with an Alzheimer’s Diagnosis
The Wall Street Journal, in "Voices: Consider Trusteed IRAs for Clients With Alzheimer's," reports that when individuals receive an Alzheimer's diagnosis, they should start having
Raising a Child with Special Needs
Many times, families raising children with special needs don't know how to begin their financial planning, says The New York Daily News in a recent
Is Your Loved One Elder-Proofed?
Huffington Post reports in "Writing an Eldercare Plan," that elder law attorneys view being elder-proofed as having legal documents such as living wills, do not
Start Thinking about Medicaid
It is no wonder folks put off thinking about it, says The USA Today in "Navigating Medicaid for elder care can be as painful as
Talk to Your Senior Parents About Four Major Planning Topics
"Many people avoid dealing with the subject of senior caregiving until a crisis arises." According to The Ventura County Star in "Talk to aging parents
Long-Term Care in Most Folks’ Future
"Nobody wants to be old … and life goes faster than you think." With more people expected to need long-term care and nursing homes starting
The Medicare Mess and How to Tackle it Next Year
If the government doesn't act soon, nearly one-third of Medicare beneficiaries will face a 50 percent increase in their Part B premiums for 2016, while