Becoming a Family Caregiver for an Ailing Loved One
Full-time caregiving is a significant time commitment. Fortunately, family members who want to serve as caregivers may have options to help cover the expense.
Full-time caregiving is a significant time commitment. Fortunately, family members who want to serve as caregivers may have options to help cover the expense.
People create wills to establish what happens to their money and assets when they pass away. In these documents, they can name beneficiaries – individuals who will receive those assets upon the person's death.
The debate among lawmakers on further expanding Medicaid in some 11 states continues to evolve.
Are you a taxpayer who has purchased long-term care insurance? Take note of your policy details and your premium amount, as you may be able to deduct the cost - or at least part of it - from your 2023 income.
Many people are unaware that there is coverage to help families lay their loved ones to rest. Depending on your state, Medicaid may cover some funeral costs and other final expenses.
A health savings account may help you save money on medical expenses, depending on your insurance type.
Assisted living facilities and nursing homes are long-term housing and care options for older adults. Although people sometimes use the terms assisted living and nursing home synonymously, they are distinct.
Powers of attorney can be overridden. However, the "who" and "how" depends on whether the principal is of sound mind.
If you are preparing a will, it is important to choose an executor you can trust, who is reliable, and who will take their role seriously. As part of your decision-making, you may also consider the things they would be prohibited from doing.