The most significant elder law issue is the matter of long-term care and the Medicare gap. Nearly three-fourths of senior citizens will need help with their activities of daily living at some point. Over half of them will need professional … [Read more...] about Should I Buy Long-Term Care Insurance?
We anticipate the release of the annual Genworth Financial cost of long-term care study, and they have just published the 2021 figures. In this post, we will share the updated numbers and put them in context for you. Naperville, IL Long-Term Care … [Read more...] about Naperville In-Home Care Costs Rose By 13 Percent in 2021
Everyone understands the value of retirement planning, but a lot of people do not see the complete picture. The active retirement years can be full of travel, leisure activities, quality time with your family, and efforts to cross things off your … [Read more...] about Aging in Place With the Home and Community-Based Services Waiver
When you have been active and capable during your middle-aged years, it can be hard to imagine a time when you will need help with your activities of daily living. Yes, you may have some limitations, but you will not have to rely on others to … [Read more...] about Longevity Statistics Put Long-Term Care into Perspective
You have some decisions to make when you are planning your estate, and the asset transfer vehicle will be at the top of the list. Most people assume that they should use a will because they do not fully understand the reasons why you may want to … [Read more...] about Trust vs. Will: Which One Is Right for You?
Many people are surprised to hear that 70 percent of senior citizens will eventually need some form of living assistance. The United States Department of Health and Human Services states that 35 percent of elders will eventually reside in nursing … [Read more...] about Enjoy the Comforts of Home With a Medicaid Waiver