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Categories
Category Archives: Long Term Care Planning
OPTIONS FOR SENIOR LIVING
GETTING OLDER…………. WHAT ARE YOUR HOUSING OPTIONS? -Age in Place: Make sure your home is safe and fully accessible. Should you have a pendant or watch that indicates a fall or other emergency? Door bell monitor? Understand and vet all … Continue reading
Assisted Living: Possible ways to pay
Assisted Living is basically defined as a community to help an individual with their “Activities of Daily Living”. ADL’s are: Walking, or otherwise getting around the home or outside. The technical term for this is “ambulating.” Feeding, as in being … Continue reading
Is it Dementia (Alzheimer’s) or is it something else????
Before you accept a diagnosis of Dementia, please have a full physical exam. 4 medical issues that could be mistaken for Alzheimer’s disease: •Medication. The medications your doctor prescribes could provide different side effects as you age. … (Have your … Continue reading
You should have easy access to these documents
Can you find your important “papers” when you need them most (and fast)? Important paperwork and documents are markers of adulthood, and they become even more important as we age. While we should all strive to have our documents in … Continue reading
Medicaid Planning? Starting with the finances.
Assets we’ll look at: Checking accounts Savings accounts Brokerage accounts Certificates of deposit Stocks and bonds Savings bonds Primary residence if applicant does NOT intend to return home (note that if equity is greater than $595,000.00, then applicant does not … Continue reading
Aging in Place Home Modification vs a General Contractor
How does a home modification design specialist differ from an aging in place general contractor? Are you looking to modify your home to age in place? Increase accessibility? Perhaps you are considering an aging in place general contractor, but have … Continue reading
Deducting the costs of home modifications for Senior-Proofing a home.
Article Highlights Improvements for Medical Care or Treatment Improvements That Increase the Home’s Value Improvements That Do Not Increase the Home’s Value Medical AGI Limitations While Americans may argue about any number of hot-button political topics, there’s no disagreement on … Continue reading
Bankruptcy in part due to Long Term Care costs
The research Referred to as a “coming storm of broke elderly,” the study was able to identify that the rate of citizens over the age of 65 who are now filing for bankruptcy increased about 204% from 1991 to 2016. … Continue reading
Posted in Long Term Care Planning
Tagged Estate Planning, free consultation, Trust Planning
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