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.
A number of considerations go into how much long-term care insurance any consumer should buy.
Even a modest monthly income may disqualify you from Medicaid. A Miller Trust may help you resolve this dilemma.
If you have ever been admitted to the hospital, you have likely been asked to sign a health care proxy form.
Unfortunately, neither health insurance nor Medicare covers long-term care. Medicaid could become your only option, so do what you can to plan ahead.
Many retirees meet the requirements for federal and state benefits programs, yet do not know they are eligible and miss opportunities to receive assistance.
Nursing home evictions, or involuntary discharges or transfers, disrupt the lives of residents, leading to homelessness, separation from familial support systems, and loss of care. As federal law covers all federally funded nursing home residents, nursing home evictions are legal only in particular instances.
If medical personnel are able to access your medical history during an emergency, it could mean the difference between life and death.
Medigap premiums for plans from insurance companies offering the same benefits vary widely, so it pays to be a smart shopper.
Do you have a friend or loved one who receives Social Security and is unable to manage her payments? If so, you can request that the Social Security Administration name you as the representative payee for that person.