Don’t Let Mom Lose Her Life Savings to a Nursing Home

Don’t Let Mom Lose Her Life Savings to a Nursing Home

Nursing home care is often costly and can eat away at your aging mother’s life savings. With careful planning, did you know there are programs that may alleviate the cost, and there are financial planning strategies that can protect the bulk of her savings? It can be important to start planning early. Ideally, you would have at least five years to plan before nursing home care is needed. Even if you do not have that much time, it may not be too...
Is It True Medicare Will Not Pay for Long-Term Care?

Is It True Medicare Will Not Pay for Long-Term Care?

Medicare is our country’s health insurance program for people age 65 or older. The program helps with the cost of health care for seniors, but it does not cover the cost of most long-term care or all of a person’s medical expenses.  Medicaid provides medical coverage and the cost of most long-term care for those who qualify for the program. By contrast, Medicaid nursing home services are only provided for those who qualify for the program and...
5 Tips for You When You are Evaluating a Skilled Nursing Facility in the New Year

5 Tips for You When You are Evaluating a Skilled Nursing Facility in the New Year

We know that looking into a skilled nursing facility for a loved one can be a sensitive and difficult topic. Most of our clients share with us that they do not wish for a loved one to have to live outside the home, even when his or her activities of daily living necessitate it. We know just how daunting it can be to learn that not only will this move be necessary but that you will need to find the right place for your loved one. Finding the...