There are nearly 10 million boomers raising kids while at the same time caring for at least one aging parent, according to the Pew Research Center. However, what is not discussed or written about, are effective strategies and techniques to care for your parents. You were raised and cared for, by your parents. However, now you are providing care for them. This role reversal role reversal can be problematic, and have consequences that you, your family, and your parents, are not prepared for. Also, it's hard to argue with a parent who you've been parented by them all of your…
The cost of nursing homes and other assisted living facilities continues to rise significantly, according to the Market Survey of Long-Term Care Costs conducted by insurance provider MetLife. Private-room nursing home rates rose 4.6% in 2010, increasing to an average of $229 per day or $83,585 per year, while assisted living rose 5.2% on average to $3,293 per month, or $39,516 per year. "The cost of care in nursing homes and assisted living has been and continues to be high and, in the past year, the increases have even outpaced medical care inflation of about 3%," Sandra Timmermann, director of…
Clearly, all seniors have a common goal, the need for asset protection: keeping their assets for themselves and their families; not exposing their assets to the nursing homes, and others seeking to deprive seniors of their hard-earned assets.
When your parents need assistance with activities of daily living, who cannot live alone due to health problems, disability, or lack of home care services and support, Senior Life Care Planning is there to assess the situation, develop a life care plan which will take into account your parent's needs and goals, financial security, living arrangements, make them feel independent and dignified, and we also provide guidance, assistance and support.
Many Veterans and their families are uniformed that the Veterans Administration has benefits that pay for home care providers. Senior Life Care Planning, helps veterans qualify for those VA programs. Therefore, an in-home caregiver can provide services i.e. preparing meals, light housework, bathing, etc. for those Veterans who require assistance at home. Terri Mason, care manager for Senior Life Care Planning states that “There are many VA programs, which can help many veterans, their widows and families and we want to get the word out, so that our deserving veterans know these programs are available to them.” A Veteran’s eligibility…
Senior Life Care Planning provides seniors and their families, expertise and resources they need to better navigate the many health care, social, legal, and financial complexities associated with aging. Our care advisors, who specialize in senior care and care-giving issues, customize each client’s unique situation and desires. As advisors we can monitor, and assist with a wide range of common challenges for the caregivers of aging parents including health, insurance, legal, and financial issues and the evaluation of residential options, home, assisted living, and/or nursing home. We provide unbiased and compassionate care advocacy, these advisors also can keep family members…
In most situations, with proper planning, those who wish to stay at home, will be able to do so. However, if it is no longer a viable option for you to stay at home, you do not have to be forced into a nursing home. It is a comfort and relief to our clients to know that Senior Life Care Planning, LLC has the resources of supportive, knowledgeable and objective advisors to help you through every step in the aging process. Senior Life Care Planning, LLC will provide you with the confidence that you and your families long term care…
New Year’s resolutions never stick terribly well, as we are just a few weeks into the year and we have forgotten about them already, but if your resolutions were for proper retirement planning (and they should be) then you simply can’t allow them to lapse. Consider it a New Year’s follow-up, then, and perhaps take a cue from Robert Powell of MarketWatch and his recent list of eight retirement-planning resolutions for 2011. There is a good deal of specific information to be gleaned from that article and the entire eight resolutions, but it can also be boiled down to three…
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