Every year we release the key dollar amounts that are frequently used in elder law, including Medicaid figures, long-term care insurance deductibility limits, Medicare premiums, Social Security Disability, and Supplemental … [Read more...]
Print This PageThings You May Not Know About Long-term Care
October 16, 2018 by
With nearly 10,000 baby boomers turning 65 every day from now until 2030, long-term care is a top concern of current and soon-to-be retirees, or at least it should … [Read more...]
Print This PageHospitals Must Tell Medicare Patients if Care Is ‘Observation’ Only
September 21, 2018 by
Q. My father was in the hospital last month due to a fall in the stairwell at my parents' split-level home. My mother wasn't able to lift him herself, so the ambulance came to assist her. They thought he seemed weak and out of … [Read more...]
Print This PageHow to Find the Best Nursing Home for Your Loved One
August 24, 2018 by
Q. We are looking for the right nursing home for my mother, but I’m having trouble knowing whether to trust the ratings I see online on the federal government’s Nursing Home Compare website. For instance, there’s a nursing home … [Read more...]
Print This PageCritter Corner: Red Flags When Choosing a Nursing Home
August 24, 2018 by
Dear Ribbit,We are currently looking for a nursing home for my father and we narrowed it down to two. I have made several visits and interviewed staff and residents using your Nursing Home Evaluation Tool. There were certain … [Read more...]
Print This PageNew Resource Will Help Consumers Connect With LTC Insurers
August 16, 2018 by
Since 1990, nearly 10 million Americans have purchased a long-term care insurance policy. Unfortunately, when the policies were needed 15-20 years later, many of these people (or their adult children) couldn't find the copies of … [Read more...]
Print This PageCritter Corner: When Should I Plan for Long-Term Care?
June 29, 2018 by
Dear Angel,I read somewhere that I should start planning for long-term care now. I am only 40. That seems young. Is this correct and why?Thanks!Jus Fortee---Dear Jus,What you read is correct. Advisors … [Read more...]
Print This PageDo CCRCs (Life Plan Communities) Have a Capitalization Problem?
June 25, 2018 by
By Jack CummingStarting a senior housing enterprise or opening a new facility requires sizable investments in real estate, planning, building, and marketing. It is capital intensive. It is also a trust business in which aging … [Read more...]
Print This PageCritter Corner: Can I Use a Health Savings Account to Pay for Long-Term-Care Insurance or a Hybrid Life Insurance Policy?
May 4, 2018 by
Dear Angel,I have a Health Savings Account through my work. Can I withdraw money tax-free from my health savings account to pay my long-term-care insurance premiums? If I can, is there a limit to the amount I can use? Does it … [Read more...]
Print This PageLong-Term Care Insurance vs. Life Insurance with a Long-Term Care Rider
May 4, 2018 by
Q. My mother was in a nursing home for about two years prior to her death, and it cost the family most of her savings. I don't want the same to happen to me and my husband. Therefore, we are trying to make the decision of buying … [Read more...]
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