<p>While long-term care insurance costs are up in general, some policies are going down in price, according to the 2018 Long Term Care Insurance Price Index, an annual report from the American Association for Long-Term Care Insurance.</p>
The new Tax Cut and Jobs Act, which makes broad changes to the income and estate tax codes, will have a significant impact on many taxpayers. Because it is so new and so complex, it will be some time before tax professionals fully understand those impacts. Fortunately, most of the law does not take effect […]
The new year brings some of the coldest days we will endure and members of the elderly population are particularly vulnerable during these days. The physical changes that occur during the aging process, coupled with weather-related events like snow and ice, can make winter a potentially dangerous season for the elderly. Care.com published an article […]
<p>A nursing home closure can be traumatic for residents who are forced to move. Although there may not be much that can be done to prevent a closure, residents do have some rights.
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In these winter months, physical health is sometimes overshadowed by dropping temperatures and impending holidays. Fitness at any age is a vital part of living a healthy life. Older adults often experience challenges that occur during the aging process that impede fitness goals. Stress, isolation, and mobility issues can prevent older adults from participating in […]
<p>Patients looking for hospice care can now get help from Medicare’s website. The agency’s new Hospice Compare site allows patients to evaluate hospice providers according to several criteria.
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<p>After staying the same for five years, the amount you can give away to any one individual in a particular year without reporting the gift will increase in 2018. Very few taxpayers will have to pay a gift tax in any case.
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<p>The announcement of the 2018 Medicare premium is good news for some beneficiaries and bad news for many others.
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<p>You may be afraid of losing your home if you have to enter a nursing home and apply for Medicaid. While this fear is well-founded, transferring the home to your children is usually not the best way to protect it.
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Not everyone may experience a crisis or injury that might lead them to a skilled nursing facility for long-term care or rehabilitation. Being outside of your own home can be uncomfortable, especially when you are dependent on nursing staff for your care. However, your rights as a resident in a skilled nursing facility are protected […]