As an advisor to caregivers, I have encountered many caregivers whose parents or loved ones do not have sufficient funds for their long term care. This can put not only the senior in danger, but the rest of the family as well. Two new(ish) ways to alleviate monetary insufficiencies are reverse home mortgages and life settlements. [...]
When our parents or loved ones are admitted to a long term care facility such as an assisted living facility , a nursing home, a skilled nursing facility or a board and care home, we are putting our trust into those that are now caring for them. Usually, the care provided is as good as [...]
While my father continues to live with me, I have still begun the process of looking into assisted living facilities and nursing care homes so that I’ll be prepared if or when the time comes that I’ll no longer be able to care for him at home. Here in Idaho, assisted living costs between $3500.00 [...]
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