Blog - Finances
Elder Care Law: What is it and how can it help you?
Table of Contents What Is Elder Care Law? Estate Planning and Administration Power of Attorney (POA) Guardianship Living Trust Will Living Will Probate Elder Finances Social Security Benefits Medicare and Medicaid Coverage Long-Term Care Costs Tax Issues Retirement Planning Veterans Benefits Real Estate and Mortgage Assistance Legal Matters Nursing Homes…
A Complete Guide To The HISA Grant
What Is The HISA Grant? The Home Improvements and Structural Alterations (HISA) Grant provides coverage for medically necessary improvements and structural alterations to veterans and active servicemembers’ primary homes. The grant offers up to $6,800 to veterans and service members who have a service-related condition or $2,000 to those with…
What Is Custodial Care and How To Pay For It
What is Custodial Care? Custodial Care is a form of long-term care that helps seniors with their activities of daily living (ADLs), such as bathing and eating. The word custodial is defined as care that someone without medical training can safely perform. This care is needed when seniors have medical,…
The Ultimate 2021 Tax Guide For Caregivers
Taxes can be very stressful, especially for caregivers. If you are a caregiver and are worried about filing your 2020 taxes, do not stress any longer. In this article, I will explain exactly what you need to do to file your taxes in the most stress-free way possible while maximizing…
2021 Caregiver Wages Per State
Caregivers, often referred to as Home Health Aides or Personal Care Aides, assist individuals who have a hard time performing basic activities of daily living (ADL). These activities include bathing, eating, toileting, and dressing. There are multiple occupations that fall under the “caregiver” category. The most common caregiver occupations include…
Choosing a Seniors’ Life Insurance Company
Do you have life insurance? It’s something no one really wants to think about. But as you get older, it becomes more important to make sure you leave as much as possible to those you leave behind at the end of your life. There are some common misconceptions about buying…
Assisted Living on a Budget: Costs and Expenses
Expenses and Cost Structure Different assisted living facilities have different ways of billing and structuring their costs. In many cases, you may have a “menu-style”setup, where residents can pay individually for services they need, while omitting things they don’t need. Some facilities charge monthly, like rent. Others have a “buy-in”…
Medicare Coverage and Assisted Living
More seniors than not end up needing long-term care by the age of 65 and up whether that care comes from assisted living or nursing homes. Nursing homes are good for individuals that need active monitoring and have medical issues whereas assisted living is designed to provide custodial care while…
How Much Money Do I Need For Assisted Living?
Many seniors are eventually no longer able to live completely independently, due to physical or neurological health issues that make everyday tasks a little harder than they used to be. As you get older, it’s important to start making sure you’re prepared to make this transition when you need to….
When Can You Get Social Security?
If you’re like most people, you’ve been paying into Social Security for most of your working life. As you get older, you start thinking about how and when you can start collecting on it. When can you actually start getting payments? There are several different age thresholds at which you…
