The Cost of Long-Term Care

January 11, 2022
Long-term Care

A recent study conducted by Genworth cites that around 70 percent of retired Americans will need some type of long-term care (LTC) by 2020, with costs ranging from $53,768 to $105,850 per year, according to the US Department of Health…

Whether Medicaid Covers Nursing Home Care

January 4, 2022
Medicaid Planning, Senior Living

If you believed Medicaid planning meant adhering to strict asset and income limits to obtain long-term care coverage, think again. Furthermore, you will be required to demonstrate that you need a level of care typically provided by nursing homes. These…