The Medicare Five-Star Ratings system lends itself to the underlying assumption that one set of criteria can determine what’s best for everyone. This is simply not true. Each person entering a nursing home has different needs and wants, and therefore the priorities of what’s important are different for each individual. While some may need a […]
Alzheimer’s and Handling Driving Privileges
Senior drivers are at greater risk of being involved in a traffic accident than any other age group. As we age, there are a lot of natural circumstances that affect our driving that aren’t necessarily Alzheimer’s related. Our reflexes get slower, we lose visual acuity, and our hearing diminishes as we age. So, the topic […]
How An Asset Preservation Trust Protects Your Life Savings From Long-Term Care Costs
An Asset Preservation Trust is a special trust we use in Asset Preservation Planning to protect assets that could be lost to the financially devastating costs of long-term care. Basically, how it works is that ownership of the assets transferred into the trust is no longer considered yours, therefore the assets are protected from any […]
Medical vs. Custodial Care: What’s the difference and why it matters
When looking at medical vs. custodial care, there are some differences that are important to discuss regarding the implications of the distinctions between the two. The biggest implication is that Medicare pays for medical care, but does not pay for custodial care. This matters a lot for people who find themselves needing custodial care in a […]
How to Evaluate a Geriatric Care Facility
When evaluating a geriatric care facility for placement for either yourself or your loved one, it’s important to develop a set of criteria that is essential to you. Everyone has different reasons for choosing a facility, as well as different needs and wants, and the idea that one care facility is going to be the […]
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