Thanks to medical advancements and lifestyle changes, Georgia residents have a longer life expectancy than at any other time in history. As a result, more people must face the reality of long-term care. This requires being financially prepared. According to Georgia...
Long-Term Care Planning
The Medicaid Look-Back Period
Here is a scenario that many people find themselves in: they have to find a way to pay for a nursing home or other long-term healthcare facility that they cannot afford. Realistically, most people can’t pay these sort of costs out of pocket. It would not be out of the...
When is it time to move your parents into a nursing home?
If you have elderly parents, you should understand the difference between nursing homes and assisted living facilities. While nursing homes offer skilled medical care, assisted living facilities tend only to help with basic needs, such as bathing or eating. You do not...
3 red flags during your tour of a prospective nursing home
If electing to place your elderly parent in a nursing home is the most difficult decision you have faced recently, picking the right facility is undoubtedly a close second. After all, not all nursing homes provide the same level of care. When you are searching for the...
Key strategies for asset protection and long-term care
Even if you or your loved one has a robust income or a high level of assets, long-term care has the power to quickly erode an estate's assets. This is especially true when a person needs skilled nursing care for a long period of time. You can increase the chances of...
Alzheimer’s & Estate Planning
If someone close to you has received an Alzheimer’s diagnosis, help plan his or her future through proper estate planning. Everyone should prepare for the future. But for someone who has received an Alzheimer’s diagnosis, the quicker they start, the better their...
What if my mother does not like the nursing home?
Considering how prevalent elder abuse is in many nursing homes, hearing a complaint from your mother about her nursing home may alarm you. It also might frustrate you if you have put a lot of time and energy into finding the perfect nexus between cost and your...
4 Tips For Aging Gracefully
If you are feeling a little upset about how you’re getting older, look around. If you see anyone—anyone at all, then you noticed someone who is going through the same thing as you. Everyone is aging, but not everyone is doing it the same. The goal might not be to look...
Government benefits and long-term care
Once people reach the age where they need long-term care, they are generally also receiving other types of government benefits, such as health care and Social Security. There are many rules about long-term care and benefits, so it is no surprise that many people...
Protect The Aging Veteran In Your Life
The U.S. Census Bureau reported that in 2018, the average age of a U.S. veteran was 65. To give you even more perspective, the median age of even a Post-9/11 veteran is 37. Veterans, like everyone else, are aging. Tie that into service-connected disabilities, and you...
