Part of your retirement planning should be to consider what is going to happen with your home. In many cases the home is your primary asset which means that there are several ways that it can be used in estate planning. Don’t forget when planning that your home is also where you live and where [...]
It may seem like a great idea to give your home to your kids or other relatives. It reduces the tax burden you have to pay, you can still live there, and you are giving an asset to your loved one for the future. There are a few reasons you may consider before gifting your [...]
When searching for a nursing home for yourself or for a loved one, you must visit the facility to determine if it fits your or your loved one’s needs. This gives you a chance to see the facility first hand, talk to the staff and the residents and see what the general feel of the [...]
You have collected all the information you can on local nursing homes. You have visited the top homes on your list to get a feel for what lies ahead. How do you choose the right future home for yourself or your loved ones? Involve Everyone You Need To This decision is not one that should [...]
A woman in Connecticut recently found out the hard way why you it is important to honor a signed nursing home agreement. When the woman admitted her mother to a nursing home, she signed an agreement as a “responsible relative” on her mother's behalf. Under the agreement, she promised that she would ensure the nursing [...]