How Taxes Work if You Have a Paid In-Home Caregiver

Stacey, an only child, was an in-home caregiver for her ailing mother for several years. She lived with her mom and cared for her while she completed college and graduate school, and even after she got married. However, after … [Read more...]

Surprise Medical Bills May Become a Thing of the Past

Freya (80) had chest pains, a hacking cough, and a high fever when she was visiting her son, Andy. An ambulance was called and she was rushed to a hospital in her health plan’s network. As she headed home after a week's stay to … [Read more...]

Critter Corner: Do Caregivers Have a Higher Life-Expectancy?

Dear Magic, I read somewhere that caregivers have a higher life-expectancy than non-caregivers. With all of the stress that goes into caregiving, how can this be true? Thanks for your help! Liv Longer  --- Dear … [Read more...]

When Your Adult Child Distances Themselves

Carla, age 38, is a helpful and caring adult daughter. She lives five miles from her parents and assists her mother with caregiving for her father, who suffers from early-onset Alzheimer’s disease. She scaled back her hours at … [Read more...]

Critter Corner: How Do I Know if Assisted Living is Right for My Dad?

Dear Ernie and Jannette, My father is considering assisted living. He wants me to help him choose a facility. I honestly don’t know where to begin or if assisted living is even right for him. How can I know? Thanks!Anita … [Read more...]

What to Do When Long-Term Care Insurance Premiums are Skyrocketing

Q. Last week my friend, Patty, received notice of a substantial increase in her long-term care insurance premiums. She was so upset that she fired off an email to the Virginia Insurance Commissioner, Scott White, exclaiming how … [Read more...]

Hospitals Must Tell Medicare Patients If Care Is ‘Observation’ Only

Q. My father was in the hospital last month due to a fall in the stairwell at my parent’s split-level home. My mother wasn't able to lift him herself, so the ambulance came to assist her. They thought he seemed weak and out of … [Read more...]

Changes to Veterans Pension Rules Are Looming — Plan Now!

Q. I’ve been an avid reader of your newsletter for many years. A couple of years ago, you published an article indicating that the Department of Veterans Affairs (VA) was proposing significant changes to needs-based benefit … [Read more...]

Do CCRCs (Life Plan Communities) Have a Capitalization Problem?

By Jack Cumming Starting a senior housing enterprise or opening a new facility requires sizable investments in real estate, planning, building, and marketing. It is capital intensive. It is also a trust business in which aging … [Read more...]

U.S. Life Expectancy Has Declined for the First Time Since 1993

Last Wednesday, The Economist's “Business of Longevity” conference took place, attracting world-renowned experts in aging. One of the main themes of the conference was the need to change the way we think about longevity, as we are … [Read more...]