Majority of Adult Children Cannot Support Boomer Parents, Surveys Find
A recent survey finds that 55 percent of adult children say they are not financially prepared to help their Baby Boomer parents cope with rising inflation and living expenses.
A recent survey finds that 55 percent of adult children say they are not financially prepared to help their Baby Boomer parents cope with rising inflation and living expenses.
If one spouse requires care in a skilled nursing facility and the other remains at home, the spouse at home might face significant financial hardships.
Understanding some of the common medical and legal terms in the field of estate planning and elder law can give you added confidence in your approach to planning for your own future or that of your loved ones.
Individuals experiencing illnesses can benefit from having someone attend appointments with them and support their best interests.
Studies have found that workers overestimate how much they will receive in Social Security benefits when they retire. Having a good understanding of the realities can help you plan for retirement.
In a legal case involving a Floridian teen who was catastrophically injured more than a decade ago and received a settlement, the U.S. Supreme Court ruled that states have the right to recover Medicaid funds that they may spend on future medical expenses.
In an alarming number of cases, private Medicare Advantage plans are denying coverage for medical services that would be covered under original Medicare, according to a federal investigation.
The COVID-19 pandemic has caused nursing home staffing shortages across the United States, even forcing some nursing homes to close, but some states have been hit harder than others. A new analysis looks at which states are confronting the worst staffing problems.
Leaving a nursing home to return home is a goal for many residents and their families, but it requires careful consideration. While returning home is a good move for some, it won’t work for everyone.
When a married couple applies for Medicaid, the Medicaid agency must analyze the couple’s income and assets as of a particular date to determine eligibility. This “snapshot” date can have a major impact on a couple’s financial future.
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