The last thing on people’s minds when they get married for the second time (or more) is losing assets to pay for their new spouse’s serious illness. But that could happen. Costs for long-term care have been rising significantly for…
Understanding the many aspects of long-term care (LTC) is essential. Long-term care is comprised of a variety of services that meet medical and non-medical requirements for people who cannot care for themselves for long periods. It is a highly individualized…
In a report from Genworth, the US Department of Health and Human Services (HHS) estimates that roughly seventy percent of retirees in America will require some long-term care (LTC), with median costs for these services ranging from $53,768 to $105,850…
There are laws that were put in place to protect married couples’ savings from being depleted when using Medicaid. These protections prevent husbands and wives from bankrupting themselves trying to fund care for their loved ones. They originally required states…