Category Archives: Long Term Care Planning

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

Posted in Alzheimer's, Dementia, Long Term Care Planning | Tagged , , , | Leave a comment

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

Posted in Alzheimer's, Core Legal Documents, Dementia, legal documents, Long Term Care Planning | Leave a comment

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

Posted in Core Legal Documents, legal documents, Long Distance Care Giving, Long Term Care Planning | Leave a comment

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

Posted in Long Term Care Planning | Tagged | Leave a comment

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

Posted in Long Term Care Planning | Tagged , | Leave a comment

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

Posted in Long Term Care Planning | Tagged | Leave a comment

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 , , | Leave a comment