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 to Genworth's 2017 Cost of Care survey.
Answer: Yes. Pennsylvania has a statute that allows a bank, credit union, and other savings institutions to pay the amount on deposit to the spouse, any child, the father or mother or any sister or brother of the decedent (in that order of preference) if the total amount on deposit does not exceed $10,000. You […]
A new report finds that states have made incremental improvements in providing long-term care, but need to achieve more gains in order to meet the needs of the growing number of people who require long-term care services.
In addition to helping your family after your death, a prepaid funeral contract can be a good way to spend down assets in order to qualify for Medicaid.
Many health care providers are still not aware that Medicare is required to cover skilled nursing and home care even if a patient is not showing improvement.
When your child reaches the age of 18, you no longer have the same level of access to, or authority over, his or her financial, educational and medical information. There are steps you can take to make sure your child is protected.