Category: HOW TO PAY: INSURANCE AND VA

the cost of home care
The Cost of Home Care Makes Planning Ahead Crucial: USA Today

Understanding long-term care and the potential cost of home care Long-term care refers to an umbrella of services designed to help you with activities of daily living, such as eating, bathing and dressing. Contrary to popular belief, these services aren’t covered by health insurance, Medicare or disability insurance. Medicaid does cover long-term care services, but […]

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short term care insurance
The Expert Guide to Short Term Care Insurance You Need to Have

Finding coverage for long term care costs can be a drawn out, confusing, and eventually an expensive decision. Once you decide you need it, usually after watching a family member need care, you have to start looking at the multitude of options out there and consider how each will work for you, your budget, and […]

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long term care insurance
Long Term Care Insurance Policies: Address the Elephant in the Room

Gina and I would like to share our experience in researching and securing a long term care insurance policy (LTCi). The “elephant in the room” as defined by the Cambridge Dictionary: “If you say there is an elephant in the room, you mean that there is an obvious problem or difficult situation that people do […]

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veterans aid and attendance benefits
Veterans Aid and Attendance Benefits – Urgent and Please Read

By way of one of our valued Circle of Support partners, Jackie Bedard owner of Carolina Family Estate Planning, we wanted to pass on some important information for those veterans or spouses of veterans that could be eligible for VA Aid and Attendance benefit. Summary of new rule change: On September 18, the Veterans Administration […]

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how to make home care more affordable
Eight Experts’ Advice on How to Make Home Care Affordable

Making home care affordable can be a challenge. By keeping a loved one involved in decisions about their care and maintaining one’s health, they will feel more comfortable about accepting assistance. How to Make Assistance at Home More Cost Effective When an older adult needs extra help around the house, home care is often the […]

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tax breaks for seniors
What Tax Breaks for Seniors are Available with In Home Care?

If you are a family caregiver, there are special tax breaks from which you and your loved ones can benefit. F. Stephen Glass of Glass Law Group highlights the extensive list of tax breaks for seniors and benefits available to families who have in home care. By F. Stephen Glass, Partner, Glass Law Group Special […]

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homecare benefits long term care insurance
Review of Longer and Better Living with Homecare Benefits

Tim Murray provides a review of Dr. Richard Lazar’s book, “Longer and Better Living with Homecare Benefits from Long Term Care Insurance, topics include Homecare vs. nursing homes, living better as seniors, and purchasing insurance early in life. Long Term Care Insurance Benefits By Tim Murray, Co-Founder and President of Aware Senior Care Recently, I […]

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home care tax deductible
Is In Home Care Tax Deductible?

Aware Senior Care provides knowledge from the IRS on what parts of in home care are tax deductible for 2018. Original Publication Date: January 4th, 2017 What in home care expenses can be itemized and are tax deductible in 2018? It’s wise to consult with a licensed CPA or tax expert, but much of this […]

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newspapers
RE: Home Health Care is Killing Your Savings

Tim responds to a recent Forbes article about the cost of in home care and outlines what you can do to make it work, personally and financially, for your family. The original article can be found here: “Home Health Care is Killing Your Savings” The bottom line is: Care, in general, is costly whether it’s […]

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va aid veteran salute
VA Aid and Attendance Pension via Veteran.org

Veterans can receive Aid and Attendance from the VA, but what resources are trustworthy for seniors in Raleigh? Learn more about Veteranaid.org. How to Apply for the Aid and Attendance Pension via Veteranaid.org The Aid and Attendance pension application process can be an intimidating process, but there are readily available resources that assist veterans from […]

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