When entering a nursing home, it is not unusual for one to worry about the financial implications and the potential depletion of their hard-earned wealth. The high cost of long-term care can quickly erode savings and assets, leaving families in a challenging financial...
The thought of placing a parent in a nursing home can be a source of immense emotional strain. It’s natural to feel a mix of guilt, sadness and even anger. However, there comes a time when prioritizing your parent’s well-being may necessitate exploring senior care...
Planning for retirement and also the support someone might need when they are older and medically vulnerable can be a challenge. Some people take for granted that Medicare will take care of their medical expenses, but not all older adults can count on full coverage...
If there is one mistake that older adults often make when preparing for retirement or updating their estate plans, it is that they aren't very realistic about their futures. People tend to assume that they won't experience the negative effects of aging the way that...
Many people start Medicaid planning out of concern for their own well-being. They recognize that they may need to move into a nursing home in a few decades and may not have the resources to pay for that care. Advance planning for Medicaid allows people to quickly...
If you have been having health issues and believe that you may need nursing home care within the next few years, now is the time to start thinking about how to preserve your wealth. Preserving your wealth is possible if you plan far enough in advance. There are a few...
No older adult wants to move into a nursing home if they have any other option. Remaining independent as long as possible is a near-universal goal for those in their golden years. You may not have planned for a stay in a nursing home when saving for retirement because...
Those facing an extended stay in an assisted care facility in Florida may be wondering how best to protect their assets. The process of obtaining long-term care benefits often involves spending down a substantial amount of an individual's investments, leaving the next...
Estate planning in Florida isn't just about dividing up your belongings. It's also about making health care decisions that allow you to take care of yourself years or decades from now. While you don't know exactly what's going to happen, you can weigh your options to...
Every year, a number of Medicaid claims are denied in Florida. Typically, these claims are denied for a simple reason that can easily be fixed. However, some reasons for the denial are more complicated. Either way, you'll have to go through the appeals process if you...