» Long-Term Care Planning

How Much Does Long-Term Care Cost?

March 11th, 2021
The U.S. Department of Health and Human Services (HHS) estimates that 56% of individuals turning 65 in 2020 to 2024 will need long-term care services and supports.[i] The average need for these services range from 2.3 years for men to 3.2 years for w… Read More
Read More
Categories: Long-Term Care Planning, Medicaid / MaineCare

Asset Preservation for Married Couples Using Last Wills and Testaments

January 30th, 2019
I. Introduction When people become chronically ill or disabled, they may need long-term care (LTC) services. Given the very high cost of LTC services, many people will apply for MaineCare (Maine Medicaid), which pays for some types of those services.… Read More
Read More
Categories: Long-Term Care Planning

Planning Ahead: Asset Protection Trusts

June 27th, 2017
Why Plan Ahead for Long-Term Care? Long-term care services are “a combination of medical, nursing, custodial, social, and community services designed to help people who have disabilities or chronic care needs, including dementia. Services may be pr… Read More
Read More
Categories: Long-Term Care Planning
1 2 Last »