Using Home Equity to Pay for Long-Term Care

Family Assets Staff

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…

Using a Reverse Mortgage for Long-Term Care

Family Assets Staff

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,…

Using Life Insurance to Pay for Long Term Care

Family Assets Staff

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…

About Immediate Annuities

Family Assets Staff

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…

Guide to Funeral Trusts

Family Assets Staff

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…

Durable Power of Attorney

Family Assets Staff

In 2016, the number of adults aged 65 and older in the U.S. increased to 49.2 million from 35.0 million in 2000, according to a 2017 U.S. Census Bureau report. Older…

Home Equity Loans

Family Assets Staff

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…

Living Will

Family Assets Staff

A living will is an advance directive that protects your right to accept, refuse, or cease medical treatment even after you’ve been certified as incapacitated by at least one physician.…

How to Find the Right Real Estate Agent to Sell Your House

Family Assets Staff

If you plan to sell your home before moving to a senior living facility, it helps to hire a real estate agent with extensive experience, knowledge, and training. This guide…