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Planning So Your Loved Ones Don’t Have To
March 5, 2025One of the greatest gifts you can give your family is a well-prepared financial plan...
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Understanding long term care from a financial perspective
December 11, 2024Developing a long-term care (LTC) financial plan is essential for ensuring that your loved ones...
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Long Term Care Financial Planning
December 11, 2024Planning for long-term care (LTC) is a critical component of any comprehensive financial plan, yet...
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Continuing Care Retirement and Medicaid
January 2, 2023Living in a Continuing Care Retirement Community (CCRC) has some distinct advantages. First, you have pretty much everything you need right in one place: wonderful food, fellowship, shelter, safety, transportation, and even access to nursing care when you need it. You shed worries about things like snow removal, house and yard maintenance, and annual real estate taxes. Another huge benefit is having all levels along the continuum of care readily available to you as you age: independent living, assisted living, memory care, and skilled and long-term nursing care (nursing home).
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Could Medicaid Payback Rules Come to an End?
January 2, 2023Medicaid, a program providing health insurance for low-income Americans, has a controversial estate recovery component. When Medicaid recipients pass away, states attempt to recover the funds spent on their medical care. This can lead to devastating financial consequences for families, especially those with lower incomes. U.S. Rep. Jan Schakowsky introduced the Stop Unfair Medicaid Recoveries Act to end estate recovery, but its immediate progress remains uncertain.
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