Having your affairs in order before you die is a way to protect your family and heirs. A complete estate plan, however, should also contain tools that keep you safe as well if you become disabled or incapacitated. Comprehensive planning includes more than a will. The...
Month: August 2022
How can you talk to your loved one about long term care?
When you begin to notice a decline in an elderly relative's ability to take care of their own life and body, you may wonder what to do next. Talking to them about moving into a personal care home or a nursing home is often intimidating at first. By following a few...
How to pay for your long-term care needs
Long-term care is usually most affordable for the extremely wealthy who have significant resources or the very poor who rely on their state's Medicaid benefits. However, middle-income people often deplete their savings or sell their homes to cover their care costs....
Are you legally liable for your parents’ long-term care bills?
With long-term care costs averaging $12,000 to $14,000 per month, many seniors run out of savings to pay these expenses. In some cases, when parents are unable to pay long-term care costs, facilities may pursue their adult children for payment. Are you legally liable...
