Category Archives: Long-Term Care
The Decision to Exercise Spousal Refusal Can Be Painful, But Often Necessary
Couples who are still married, even into their 70s or 80s are the lucky ones. They’ve made it through the hard times, the ups and downs of life, and still have their companion at their side. But even the most … Continue reading
The Pros and Cons of Long-Term Care Insurance
Do you have long-term care insurance? SHOULD you have long-term care insurance? These are questions that currently plague many forty-, fifty-, and sixty-somethings, as well as some precocious thirty-somethings. We’ve been hearing and reading more and more about long-term care … Continue reading
How To Pay For Extended Care
Paying out-of-pocket While this option is not feasible for many seniors, some people may be able to pay for long term care using their own assets. This is a good option for wealthy seniors who have plenty of assets. Paying … Continue reading
Providing Care for Divorced or Remarried Parents
Divorce is difficult on a family no matter what the circumstances. Even when a divorce is best for all involved, there is always an amount of stress and emotional trauma involved. In fact, it has recently become apparent that the … Continue reading
Aging In Place
As the number of people approaching their golden years grows, many people are becoming concerned about how they will stay independent and financially secure during their senior years. Rather than giving up their independence and privacy, these people plan to … Continue reading
Will Medicare Provide for You in Your Golden Years?
Many retirees (or soon-to-be-retirees) have been living and saving under the assumption that Medicare would pay for a bulk of their medical costs during retirement, but a recent article in the Wall Street Journal reveals that counting on Medicare may … Continue reading
Making the Transition to a Long-Term Care Facility as Smooth
as Possible
One question that we often get from our clients is how to know when to place a parent into an assisted living facility or nursing home. Making this decision can be difficult, and disagreements about the best options can cause … Continue reading
VA Benefits and Long-Term Care Insurance
Many of our clients find it helpful to use a long-term care insurance policy to help pay for the cost of assisted living facilities or nursing homes. However, if you use your policy after you have begun receiving VA benefits, … Continue reading
New Year’s Resolutions: Taking Control of Your Health in 2012
Without a doubt the most frequent and popular New Year’s Resolutions made each year have to do with health. People resolve to exercise more, to lose weight, to eat better, etc. But far too few people are aware that in … Continue reading
What is a Do Not Resuscitate Order (DNR) and How
Does It Work?
Many of our clients consider getting a Do Not Resuscitate Order (DNR). A DNR is a legal document that instructs doctors not to perform CPR or use other forms of cardiac life support should the patient suffer from heart failure. … Continue reading
