Category archives: Long-Term Care Planning
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4 days ago
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Takeaways
The demand for long-term care services is rising due to an aging population and a shortage of health care professionals.
The costs of long-term care have been escalating, including in-home care, assisted living care, and nursing home care.
As most of us go through our daily rout... [read more]
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2 weeks ago
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Takeaways
Aging in place involves making modifications to ensure safety, comfort, and accessibility for older adults.
Home modifications, measures for preventing falls, and fire and carbon monoxide safety are crucial for creating a safer environment.
Maintaining social and mental well-b... [read more]
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1 month ago
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As we celebrate Easter, signs of renewal are evident all around us. The days seem suddenly remarkably longer, the sky a little bluer, and flowers and plants are coming back to life.
This is a joyous season, indeed, and it puts a focus on positive change and hope.
We are wise to use this time t... [read more]
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2 months ago
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You don’t have to be actively using health care services to claim the deduction. It is available from day one, even if you don’t need health care immediately upon moving in.
The percentage of CCRC fees considered deductible can change from year to year, depending on the CCRC’s costs. Differen... [read more]
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2 months ago
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Takeaways
Guardianships may be necessary to protect individuals with cognitive impairments, but they can also limit personal freedom and autonomy.
Wendy Williams’ guardianship case highlights the importance of legal representation and proactive estate planning.
Dementia is on the rise and... [read more]
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2 months ago
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Spring is definitely here again in Orange Park and the greater Jacksonville area, and in addition to enjoying the warmer weather, the azaleas blooming, sunshine, and longer days, many of us are also Spring cleaning and thinking about changes in our lives, as well as the seasons.
This season of ch... [read more]
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2 months ago
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As the population ages, the number of people affected by Alzheimer’s disease and other forms of dementia continues to rise. In turn, families increasingly find themselves providing unpaid care to loved ones with cognitive impairments. This caregiving role, though essential, comes with hidden persona... [read more]
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3 months ago
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For millions of seniors nationwide, Medicaid provides a safety net for people who find themselves requiring long-term care. Most Americans aged 65 and older – roughly 70 percent – will need these kinds of services in their later years, according to research. Meanwhile, the cost of long-term care has... [read more]
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9 months ago
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Thanks to a new rule recently finalized by the federal government, obtaining and renewing health care coverage under the Medicaid program is set to become easier for millions of Americans.
What Is Medicaid?
Medicaid provides people living on limited income with access to health care services. ... [read more]
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9 months ago
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Medicaid planning is often a complex process aimed at preserving a person’s assets while qualifying for Medicaid benefits. Finding a way to pay for long-term care costs without depleting all your hard-earned assets is a key part of Medicaid planning.
One strategy for protecting assets and qua... [read more]
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10 months ago
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Do you have a family member who is receiving some form of long-term care? If you don’t, the chances are good that someday you will – and that day may not be too far away. As the U.S. population ages and life expectancies increase, the need for long-term care is becoming an important consideration fo... [read more]
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10 months ago
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We are definitely in what are referred to as the "Dog Days" of summer here in northeast Florida.
As this very hot and humid summer is moving along, many of us are enjoying the typical rituals of celebrating holidays, going on vacations to the beach or mountains, and attending weddings and other c... [read more]
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