There is no denying that nursing homes are expensive. Is there any way to make sure that an individual gets the nursing care that they need without draining away all the assets of a healthy spouse? Of course there is; it just requires a little planning and investigation. Spousal Resource Allowance While laws on Medicare [...]
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 [...]
Each person is different. This means that in order to get the right nursing home care plan, you should develop a care plan that fits your needs. It is up to you to make your goals, wishes and health care requirements known to the staff of your nursing home. Health Assessment The first day you [...]
When you are gone, you want your estate to provide for families and charities that you cared about. Part of estate planning is deciding what you want to give now as well as after you are gone. Benefits of Giving Now Giving now may help in reducing the tax burden on your estate once you [...]
While you might think that trusts are only for people that have quite sizeable estates, that is not the case. As a matter off act, the National Association of Financial and Estate Planning recommends trusts for estates with a wide variety of assets. Trust Costs The maintenance cost for a basic trust can vary. Generally [...]