The AARP has come up with some questions to ask before moving out of a nursing home. Do you want to live independently? You must be motivated enough to overcome frustration and inconvenience. Are you able to live independently? People with limited mobility can often manage. Can you afford to live independently? Government programs offer a variety of financial help. Is in-home care available? Together, a doctor and a transition coordinator can help compile a list of needed services. Is appropriate housing available? Requirements vary with health and mobility, and include access, safety features, security, and kitchen and dining facilities….
Unfortunately, we see many horror stories by people taking advice from their neighbors, acquaintances and friends. Thus, we help you save thousands of dollars per month through our nursing home and estate planning strategies.
where were the Democrats, standing up for the rights of veterans, and the frail and elderly? If they fought for these people rather than Bankers, Insurance Executives, Financial Executives, things may have been different.
In order to qualify for Medicaid, the federal-state program for the poor, an individual must deplete his or her assets to reach a $2,500 threshold. Often, that patient needs care before reaching that limit and can accumulate thousands of dollars in nursing home bills.
In a recent article in the New York Times new research shows that one of the first signs of impending dementia is an inability to understand money and credit, contracts and agreements. The Financial Industry Regulatory Authority, the largest nongovernmental regulator for securities firms doing business in the United States, recently met with individual financial services companies and the Alzheimer’s Association to formulate guidelines on how to deal with clients who have trouble remembering and reasoning, a problem that is not new but is increasing as the population ages.
In addition, there will be new protections against elder abuse, neglect, and financial exploitation as well as free wellness visits under Medicare and incentives to providers to coordinate care – all taking effect in 2011.
This question was addressed on Workforce50, where the primary options: 1. Elder stays at home and enlist outside help i.e. a friend, relative, living companion, government, charitable, or a home care agency service to help the elder with their needs. 2. Move to an independent living facility, apartment or condo that does not require as much care, on one floor instead of two, or is handicapped-accessible. 3. Move in with you or some other relative or friend. 4. Enter an assisted living facility where people live as independently as they can for as long as they can, but where services…
With our thoughtful, realistic planning, caring for an elder does not have to be a financial or emotional nightmare. We, help you make the right choices for you and your loved one, you are not alone!
Frederick, MD 
301-663-9230
