Finance

Home equity loans allow homeowners to access the wealth tied up in their home's value without selling. Many homeowners use home equity loans to cover the cost of renovations, but…

To lessen these financial burdens for your loved ones, you might find it helpful to prepay or pay for your funeral in advance. And one way to prepay your costs…

For many seniors and their families, the health care costs associated with long-term care planning are a major concern—whether they are currently receiving care or simply anticipate needing it in…

Many people don’t realize how much value lies in their life insurance policy. You may know that cash in a life insurance policy for a lump sum, but did you…

Elderly individuals who have a substantial amount of wealth tied up in their homes may choose to leverage their home equity to help cover the cost of long-term care, medical bills,…

Making the decision to move a family member or loved one into long-term care services can be a complex and difficult one. For many families, the costs associated with paying…

Americans are living longer lives. The average life expectancy today is 76.3 years for men and 81.2 years for women, according to health research by the Centers for Disease Control and Prevention…

A long-term insurance policy can reimburse you daily for any long-term care services you need. This can include Activities of Daily Living (ADLs) and Instrumental Activities of Daily Living (IADLs). When applying…

Medicaid is a joint federal and state program that provides health coverage to millions of low-income Americans. Unlike Medicare, Medicaid will often cover non-medical (custodial) long-term care services. After reading this guide, you…

For many seniors and their families, the high costs associated with long-term care are a major concern. The U.S. Department of Health and Human Services (HHS) estimates that the average person turning…

For many families, moving a family member out of their current home or place of residence and into residential long-term care can be a difficult process, both emotionally and practically.…

The need for respite care or rehabilitation care may occur unexpectedly for individuals and their families who may not have the money to pay for these services when they are…