Category Archives: Long Term Care Planning

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

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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

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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

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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

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