![]() |
Elder Care Information |
|
|
Paying For Elder Care Just Got Easier
It's not a surprise that thousands of families across the nation are facing the challlenges of an aging population. The "sandwich" generation, those who are caring for their children as well as their parents, have been feeling the financial pinch of caring for loved ones. Paying the high cost of Elder Care can cost a family thousands of dollars a month. Too many families are unaware of how utilizing a loved one's life insurance policy can not only pay for Assisted Living and Nursing Home care, but can maintain the standards of living for the remaining spouse. Not too many financial specialist inform their clients who have purchased life insurance policies with a death benefit over $250,000 that they can utilize a somewhat unknown option on their life insurance to pay for the high cost of Elder Care. It is called a Life Settlement and it can fully take the financial burden off of families who struggle to keep their loved one in a quality facility. A policy owner has the right to sell his or her life insurance policy to an institution for signifantly more than the cash value of the policy. For example, a life insurance policy with a $500,000 death benefit and a $75,000 cash value can be purchased for $250,000 and up. This money can be used now to pay for assisted living, nursing homes as well as in home services also. The procedure is relatively quick with minimal paperwork. It is senseless to struggle financially to pay for the needs of elderly loved ones when they can utilize their life insurance policy to pay for care. Many, many times life insurance policies lapse when a loved one goes into assisted living or a nursing home just out of financial neccessity as well as through medicaid planning. Instead of letting a policy lapse or into surrendership, smart families are looking into life settlements as a funding source for the high expense of Elder Care. Chuck Bongiovanni, M.S.W. has been helping seniors and their fanmilies for over 20 years in the assisted living industry. Chuck can help your family investigate your options for paying for Elder Care through a Life Settlement. You can go to his website at http://www.LifeTransitionsOnline.com or call him directly at 480-703-7005.
MORE RESOURCES: The Caregiver Program Trains Caregivers to Meet Growing Demand for Senior Care University of Nevada, Las Vegas | UNLV ‘It was here and we couldn’t stop it’ University of Alberta China rolls out guidelines to promote mutual-aid eldercare, tapping community support amid aging population Global Times Japan’s New Care Workers: Bodybuilders, Wrestlers and M.M.A. Fighters The New York Times Applications open for new 320-bed long-term-care home in Markham NewmarketToday.ca New grim financial details of South Shore elder agency facing collapse The Patriot Ledger We bought a home and moved my mom into the basement apartment. It helped us build wealth in ways we didn't expect. Business Insider Aging Population Strains US Caregiving System Fitt Insider Model Immigrants No More: Sweden’s Elder Care Nightmare nationalreview.com Elder Law Guys: As U.S. senior population grows, the question remains: Who will care for them? Pittsburgh Post-Gazette Opinion | Meet Abi, the AI-powered robot companion for senior care The Washington Post Study Reveals Who Americans Think Should Pay for Elder Care U.S. News & World Report Govt rolls out plan to turn 'silver' into gold China Daily - Global Edition NDOH Expands Elder Services, Advances Senior Center Reopenings Under Nygren Administration Navajo Nation Office of the President (.gov) Video: 2026 McKnight’s Pinnacle Awards + Summit McKnight's Senior Living Understanding South Korea’s AI Revolution in Elderly Care streamlinefeed.co.ke From Dalian to the Country: Neutech Group Reshapes Intelligent Elderly Care with 'City-Level Elderly Care Service Platform' The Manila Times Successful robot trial of smart eldercare China Daily Breakthrough lung therapy, elder care and mental health research gets $2.3M boost - Brock University New Law Caps Home Equity for Medicaid Long-Term Care ElderLawAnswers California’s Aging Boom Is Reshaping How Families Find Care Comstock's magazine Apollo Hospitals expands ‘Seniors First’ geriatric care programme across Bengaluru City Today News Alone in a darkened room, my elderly dad’s the lucky one The Australian Manitoba’s quiet elder care crisis niageing.ca Canadian Union of Public Employees Ontario rallies in Markham before agreement reached on nursing home job cuts yorkregion.com Recreation therapist, Kelsey MacNeil, supports seniors to stay healthy and live well Nova Scotia Health New tool to help gauge risk of elder abuse Inside Government NZ Robotics drive China’s smart eldercare push Borneo Bulletin ‘Warehoused without any protection’: Florida traps seniors in elder care homes - Tampa Bay Times Vancouver Coastal Health introducing Small Care Homes Vancouver Coastal Health In defence of dropping dead: the burden of extended care for aged parents is a heavy new phenomenon The Guardian Home care wait time over 300 days Australian Ageing Agenda Residents cost up to $489 per day, on average Australian Ageing Agenda Caregivers are overworked. This tech could offer hope. Stand Together Brock ‘breakthrough’ lung therapy, elder care and mental health research gets $2.3M boost 610 CKTB How Older Adults Navigate Care Robots’ Roles Bioengineer.org How Can China Solve Its Elder-Care Problem? The World of Chinese Fake Mental Hospitals Highlight China’s Elder Care Challenge The Diplomat – Asia-Pacific Current Affairs Magazine Quebec on brink of senior care crisis as support needs surge CityNews Montreal Grey wave in Perak opens doors for healthcare, REITs and eldercare plays The Malaysian Reserve Man charged with N.B. seniors home sexual assaults was related to a resident: police - New Brunswick Global News Heller School receives $25 million grant to study elder care Brandeis University A call to action: Lawyers must be the voice for our aging population Canadian Lawyer Mag Walkers hit the streets in push for Vancouver Island seniors care investment - Nanaimo News Bulletin Walkers hit the streets in push for Vancouver Island seniors care investment Nanaimo News Bulletin Yates calls for leadership on lifting standards Australian Ageing Agenda This start-up is transforming elder care in Hong Kong The World Economic Forum [INTERVIEW] Korea must treat foreign elder care workers as skilled pros, not cheap labor, experts warn The Korea Times Multimorbidity Patterns Linked to Elderly Mortality Risk Bioengineer.org Support at Home can learn from NDIS mistakes Australian Ageing Agenda Humanoid Robots Revolutionize Smart Elderly Care HKTDC Research U.S. Elder Care Is in a Fragile State Population Reference Bureau Oral health falls between the cracks in Swedish elder care Göteborgs universitet Japan Science and Technology Agency Develops NVIDIA-Powered Moonshot Robot for Elderly Care NVIDIA Blog Aspiring Elder Care Physician, Advocate Wins Urann Fellowship The University of Texas at Dallas Tamil Nadu's 'Doctor on Wheels' brings healthcare to elderly homes Asianet Newsable From hospital to home: How Care Coordination Centre (C3) technology is supporting seniors’ recovery Nova Scotia Health ‘Stuff of nightmares’: calls for help surge by 50% after Australia launches aged-assistance tool | Aged care The Guardian Exploitation fears over SA government aged care changes Australian Broadcasting Corporation Elliot Lake seniors get new transportation option for healthcare access ElliotLakeToday.com Sunshine Coast elder care project uses art to ask who cares Coast Reporter |
RELATED ARTICLES
The Best Investment You Can Make Right Now: Long Term Care Insurance Don't think you need it? Consider this: a full 50% of Americans over the age of 50 will need long term care at some point in their lives. The average cost of nursing facility care (or home health care assistance) is $61,000 per year, and the average stay in a long term care facility is 2½ years. Who Wants to End Up in a Nursing Home? NO ONE! As a long-term care consultant for seniors and their families I have visited many different types of facilities. But my favorite type of facility to visit is adult family homes. Just Give Them a Lot of Love and You'll be Fine It was right about this time, 19 years ago. My wife and I were sitting in the very last Lamaze birthing class, soon to be brand new parents. What About Tennesse Dept. of Human Services Abuse of the Elderly and Their Families? PART I: Physical Abuse of the Elderly vs. Tennessee DHS Abuse of FamiliesDuring the week of October 26, 2003, newspapers across the state of Tennessee published an Associated Press story that featured the glaring news headline, "Reports of neglect and abuse of senior citizens up 40% in six years. Honey, Where Are The Car Keys? Q: My mother is always losing, hiding and hoarding things, I am losing my mind! What can I do to get her to stop?A: This is a great question and I have a lot of material to work with.My grand mother had made me the most beautiful doilies. Respiratory Help Is Available For Seniors With COPD As HMOs Continue to Drop Coverage for Seniors - Now Over 500,000 Victims - Those Needing Expensive Respiratory Medication, Support and Homecare Services are the Hardest HitOne Patient Advocate, Geriatric Services of America, is Providing Relief to Victimized Patients Through a Unique, Often No-Cost ProgramMore than 536,000 US senior citizens are scrambling to find new doctors or new coverage because their health plans terminated their Medicare managed-care services, according to a Nonrenewal Report issued by the Centers for Medicare & Medicaid Services for the year 2002. Among the hardest hit are seniors in California (84,000), Florida (59,000), Pennsylvania (55,000), New Jersey (53,000), Texas (46,000), and Michigan (31,000), who will be losing coverage in the coming year. Caring for Aging Relatives It happens somewhat slowly in the beginning, maybe with a small cough that gets worse as time goes on. It might simply begin with absent mindedness which is totally out of character, followed by total memory lapses. Skilled Nursing Homes - What Are They? A skilled nursing home is a medical facility providing services similar to a hospital. The homes are staffed with licensed nurses, shared rooms, hospital beds, regular scheduled doctor rounds, meals and housekeeping. Review of the Changing Protein Requirements for Seniors Youth, it is said, is wasted on the young. Too busy figuring life they hardly take the time to enjoy it. Strategies on Paying for Nursing Home Care and Medicaid The decision to place your loved one into a nursing home is anextremely difficult decision, often causing much guilt for thecaregiver. It is a very emotional decision for most clients we see andmost are under a certain amount of stress, often great, when facing whatthey consider to be a drastic course of action. Assisted Living Facilities - What Are They? Assisted Living facilities are generally for person's 60 years of age and older. Typical candidates need assistance with "Activities of Daily Living" (ADLs), but wish to live as independently as possible. Alzheimers Care Giving While Maintaining Your Own Health Just for a moment I want you to imagine that you are coming out of a very deep sleep. If you have ever had surgery try to remember the way you felt as you were trying to make sense of things as you awoke. What You Need to Know About Helping Senior Citizens IntroductionThe baby boomers is the population which haven taken birth after second world war till 1965 when there was a tremendous increase in birth rate due to the social and economic development in the USA. Now this population is going into the old age and thus bringing a burden to the nation as the country has to take care of not only the food and shelter but also the medical care. New Hope for Alzheimers Treatment There is now widespread agreement among research scientists and medical professionals that Alzheimer's Disease (AD) is a problem quickly growing to vast proportions. As the life expectancy of Americans continues to rise, increasing the percentage of the population over 65 years of age, so does the number of Alzheimer's cases. Marketing, Selling, and Serving the Older Adult, Senior Citizens, Family Caregivers Are your clients pleased by the fine quality service that you provide? Validating your clients' endorsement of you through Certification as a Senior Approved Service will increase your client base. Senior Approved Certification leads a family towards a service like yours side stepping the possibility of connecting with a less than desirable service. Whos Gonna Take Care of You When Youre Old? I finally went to the doctor this morning for my bad cold. My appointment was for 9:30 am and yet I didn't get home until after 1:00 pm. Arizona Assisted Living: Resident Rights According to the Arizona Administrative Code (R9-10-710), those who reside in assisted living facilities in Arizona have certain rights. In addition to having the right to live in an environment that promotes dignity, independence, self-determination, individuality, privacy and the right of choice, the following are a few of the rights given to residents who reside in assisted living facilities:1. The Dryer Ate Your Underwear! Q: My mom is in the early stages of dementia and she is also incontinent we have tried to get her to stop wearing her underpants and have her start wearing pull-up diapers, she throws the Depends out the door and puts her underpants on. Of coarse we have a lot of laundry! How should I handle this?A: This one should be fairly easy to solve. Mom Wont Participate! Q: Six months ago we placed my mother in an assisted living facility. She gets along fairly well, but we thought she would get involved with all of the activities. When the Box is Empty The King had a modest kingdom. He was Danish. |
| home | site map |
| © 2009 Asteroidsearch .com |