5 Reasons Giving Property to Children Should Wait

When asking clients what their plan is for affording long-term care, often times they respond by saying the will give everything to their children before they need care. This blog discusses the top five reasons why giving your children everything before you need care is not the answer, and offers

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Medicare vs Medicaid Who Pays for What

Medicare vs. Medicaid: Which Pays for What?

Medicare vs. Medicaid: Which Pays for What & How Do They Relate to Long Term Care? Medicare and Medicaid are two government entitlement programs many Americans misunderstand or misinterpret, especially as they relate to skilled nursing care.  Each program is commonly mistaken for the other; or, many are simply unsure

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Long-Term Care: Why We Fail to Plan

Long-Term Care: Why We Fail to Plan

Long-Term Care Planning in the U.S. Most Americans do not know the facts surrounding their potential need for long-term care and the costs associated with it.  This was reconfirmed recently in a telephone survey of 1,735 Americans over the age of 40, funded by the SCAN Foundation and conducted by

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Comprehensive Power of Attorney

Top Reasons Everyone Needs a Comprehensive Power of Attorney

Top Reasons Everyone Needs a Comprehensive Power of Attorney   This article originally appeared in ElderCounselor The benefits of a highly detailed, comprehensive power of attorney are numerous. Unfortunately, many powers of attorney are more general in nature and can actually cause more problems than they solve, especially for our

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IRS Scams

Recent scams are coming from people pretending to be the IRS – usually in the form of calls and emails. The “IRS” name will be on the e-mails, the logo will be almost identical, and there will be a website pretending to be that of the IRS’s. In the process

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Elder Abuse – Five Common Scams Aimed at Seniors

Fraudsters often set their sights on victims with the least ability to protect themselves.  Seniors have become prime targets in recent years.  Although scams come in all shapes and sizes, and new ones are developed all the time, here are five of the most commonly perpetrated against seniors, in reverse

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