April 4, 2022 •
Estate Planning Assisted living operators would need to meet new requirements before evicting residents under legislation passed Monday by the Virginia General Assembly. The bill has been sent to Gov. Glenn Youngkin (R) for his signature.
Read MoreFebruary 10, 2022 •
Estate Planning Estate Planning may not be something you necessarily WANT to think about, but it could protect your interests and wishes long after you are gone.
Read MoreDecember 20, 2021 •
Estate Planning The presence of a pet can be reassuring, can provide comfort and can even deliver some important health benefits.
Read MoreDecember 13, 2021 •
Estate Planning For some, retirement means ‘where will we play today's round of golf?’ For others, it could mean, ‘do I pay for my meds or my rent?’ In either case, a few concerns touch every retiree. The topic of long-term care is one of them, at least subconsciously. The question that causes more than a few sleepless nights is, ‘What happens when I can't take care of myself anymore?’
Read MoreOctober 5, 2021 •
Estate Planning As retirees live longer, many worry about outliving their savings. However, many older Americans haven’t planned for a looming expense: the cost of long-term care.
Read MoreSeptember 29, 2021 •
Estate Planning For many, there are potential benefits to continuing a life insurance policy or purchasing certain types in retirement, when it comes to taxes, estate planning and long-term care. Here are some ways to use a life insurance policy that you may not know about.
Read MoreJune 14, 2021 •
Estate Planning The bill for long-term care adds up fast. The annual median cost for a private room in a nursing home was $105,850 in 2020, according to Genworth. The government could pick up these costs if you qualify for Medicaid, but that’s easier said than done.
Read MoreDecember 4, 2020 •
Estate Planning The time may come when your elderly mother, father or other loved one cannot fully care for himself or herself. The adult children may not have the time or resources to ensure their relative’s health and safety. At that point, it may be time for him or her to move into a residential facility that can provide the care and services needed.
Read MoreOctober 28, 2020 •
Estate Planning Amid headlines of COVID-19 infiltrating nursing homes and large senior care facilities, it’s understandable that many Americans would prefer to avoid assisted living environments as they grow older. However, the trend to age in place predates the pandemic. Remaining at home was the first choice for 76% of Americans age 50 and older, according to a 2018 AARP survey.
Read MoreOctober 26, 2020 •
Estate Planning Seniors with limited income need to find ways to lower their medical costs. Here are some options for keeping those healthcare bills in check.
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