70% of Americans turning 65 will need Long-Term Care

Correction: The title of our newsletter is incorrect. It should be "One in seven adults will have a disability for more than five years." We  apologize for this error!   Photo from homeaidescny.org A … [Read more...]

$10,000 a month! Why don’t they take it seriously?

Q. My parents are in their 70's and I am a caregiver for them, while working part-time and raising a family. My father has had Parkinson's for fifteen years and is no longer mobile. My mother is in the early stages of Alzheimer's. … [Read more...]

Did I Read That Right? Rates for Long-Term Care Insurance Rose 9% This Year!

Q. My wife and I like to plan ahead. Unfortunately, both of her parents and three of her aunts died of Alzheimer's, and we want to make sure we are prepared should one of us need long-term care in the future. We are aware of the … [Read more...]

Critter Corner: What is Partnership Qualified Long-Term Care Insurance?

Dear Saki and Alley,I heard about Virginia's Partnership Qualified Long-Term Care Insurance. Can you tell me more about it as part of a Medicaid Asset Protection Plan? Thanks! L.T. Cayre ----- Dear L.T., Virginia’s Long-Term Care … [Read more...]

Long-Term Care Insurance- The Good, the Bad, and the Ugly

November is Long-Term Care Awareness Month, a continuing effort to raise public awareness about long-term care insurance and planning. Statistics show that more than 70% of people age 65 or older will need long-term care sometime … [Read more...]

Planning for Long-Term Care (Part 5)

The Veteran's Aid and Attendance Pension Benefit The best advice that I can give you when planning for long-term care is not to delay. We never know what the future holds. While we are able, we must prepare for a variety of … [Read more...]

Planning for Long-Term Care (Part 2)

"Long-Term Care" refers to the broad spectrum of medical and support services provided to persons who have lost some or all capacity to function on their own due to a chronic illness or disabling condition, and who are expected to … [Read more...]

Planning for Long-Term Care (Part 1)

Are you one of the millions of Americans over age 50 who has not yet started planning for long-term care? As financially responsible adults, most of us are prepared for some unexpected disasters – we pay for health and property … [Read more...]

Making the Nursing Home Choice

While placing a loved one in a nursing home is a difficult decision, there may come a time when it is the right one. It will help if you do your homework and trust your instincts. According to the Department of Health and Human … [Read more...]

Long-term care premium increases soar: Elder law attorneys become the go-to professional

Long-term care insurer John Hancock has begun the process of seeking sharp premium increases nationwide for certain types of coverage.  Initial reports from shocked policyholders surfaced in two midwestern states that have … [Read more...]