Care Planning

Financial planning for the future is incredibly important. This is especially true when you try to factor in medical care or the need for long-term care. This is something that most people are going to have to consider at one point or another. But what you’ll find is...

If you’re planning to use Medicaid benefits as a way to get the care that you need as you age, it may be necessary to reduce the amount of assets that you have. You’ll need to meet various limits concerning assets and income before you will qualify for these benefits....

When your parents or grandparents reach their elder years, their daily needs will likely change. Where once they could care for themselves, they may now require assistance. Left alone, some senior citizens face dangers such as falling or forgetting to take their...

Many people understand that they will likely someday spend months or even years in a nursing home or assisted living facility. They know that they're going to need that type of medical care. They may hope to put this off for as long as they can, but it is somewhere in...

A health care surrogate is the person you authorize to make medical decisions for you when you become incapacitated.  The authorization is done via a health care designation, a legal document that appoints a person to become a surrogate. You should discuss your...

Life after retirement should not be wrought by financial uncertainty. However, it's the case for the majority of the elderly population who don't have long-term care insurance plans in place. The cost of elderly care has been on an upward trend, and Medicare, the...

How do you picture your retirement? Will you spend your days walking around the golf course with friends? Or do you see yourself tending to the garden and playing with smiling grandchildren? Human brains paint a rosier picture of the distant future than of the near...

Aging can be a bitter pill to swallow. It’s a double-edged sword of sorts. With age comes a certain measure of wisdom, but it has its downsides, too. Our bodies slow down as we age, and we might have aches and pains that we never did before. We have worries that we...

Part of estate planning is making sure that you’re in a position to cover the costs of long-term care. Now, you may never face these costs if you are in good health for your entire life, but most people need care and assistance for at least a short time.  But how much...