Can an adult child be liable for their parent's medical bills?
Although a nursing home cannot require a child to be personally liable for their parent's nursing home bill, there are circumstances in...
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A plan to care for Mom
Caregiving can be very stressful and demanding. In the case of a healthy spouse or a child living with the disabled person at home,...
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Plan for long term care before you need it
Long Term Care Planning is the process of preparing for and funding long term care. Long Term Care refers to a wide-range of medical,...
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Beware of the Kiddie tax when giving IRA to a grandchild
Grandparents may be tempted to leave an IRA to a grandchild because children have a low tax rate, but the "kiddie tax" could make doing...
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Nursing Home costs rise sharply in 2017
The median cost of a private nursing home room in the United States has increased to $97,455 a year, up 5.5 percent from 2016, according...
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Six things to consider before giving gifts to Grandchildren
Grandparents often are particularly generous to grandchildren as they see their family’s legacy continuing on to a new generation. In...
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Use your will to pay off your debts
The main purpose of a will is to direct where your assets will go after you die, but it can also be used to instruct your heirs how to...
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Medicare launches Hospice compare site
Patients looking for hospice care can now get help from Medicare’s website. The agency’s new Hospice Compare site allows patients to...
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Medicare vs. Medicaid and long-term care
Although their names are confusingly alike, Medicaid and Medicare are quite different programs. Both programs provide health coverage,...
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