Permanent and term life insurance have many differences and fit very different needs. It's important to understand both types to find the right coverage for you and your family.
0 CommentsThere are life insurance options available for seniors, but finding the right policy can be tricky.
7 CommentsUnsure about how you will be able to cover long-term care costs? Learn how to convert life insurance to long-term care services without jeopardizing your Medicaid eligibility.
23 CommentsUnder certain circumstances, life insurance policies are considered countable assets and can affect Medicaid eligibility. Some seniors must include their life insurance policies in their spend-down strategy to qualify for Medicaid long-term care services.
25 CommentsLife insurance coverage is not typically offered for elderly who have been diagnosed with Alzheimer's before they turned age 75. However, there are many factors that can affect the underwriting decision for a life insurance applicant who has Alzheimer's.
2 CommentsFrank discussions about final arrangements are wise to have at any age. Use these strategies to broach the subject and develop comprehensive funeral plans for yourself and your aging loved ones.
4 CommentsHome care payment options include Medicare and Medicaid plans, but VA benefits and long-term care insurance may also help pay for care.
28 CommentsProbate is the court-supervised process of inventorying all a decedent’s assets and distributing them to creditors and inheritors. However, not all property is subject to disposition by a will or the probate process.
12 CommentsYou can buy your mom's insurance policy from her, and pay her cash, which she can spend down to quality for Medicaid.
0 CommentsFamily caregivers face a great deal of emotional, physical and often financial stress. While your focus may be on managing an aging loved one’s health care and money, it’s crucial to make your personal finances a priority as well.
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