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Elder Care Information |
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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: Trump’s immigration policy shakes up the elder care sector: ‘Losing these caregivers is a profound blow’ EL PAÍS English The Home Review: Cheap Scare Elder Care Loud And Clear Reviews Elder Law Guys: One is never too young to have an estate plan Pittsburgh Post-Gazette Smart Money Going in Senior Health: Key Stocks in Elderly Care The Globe and Mail Coercive Care: Southern Europe’s Reliance on Elder Restraints Undark Magazine Commentary: The monthly tab for her in-home elder care: $18,000. She can cover it, but how many others can? Los Angeles Times Nova Scotia Health’s Dignity of Risk Program leading change in caring for older adults living with frailty and dementia Nova Scotia Health Alumni Impact Series: Kevin Ye – Shaping the Future of Elder Care through Entrepreneurship University of Waterloo NTI Invests in Community Facilities for Elder Care Nunavut Tunngavik Inc. Child care & seniors care are social infrastructure Island Social Trends Visionaries Unite: How the West Coast Conference on Aging is Rewriting the Future of Senior Care The Daily Scan CIUSSS du Centre-Ouest de l'Île de Montréal | Long-Term Care Centre CIUSSS West-Central Montreal Mark Yaffe: Pioneering Excellence in Elder and Mental Health Care McGill University ‘What they wanted to see’: Rankin Inlet elder facility to welcome 22 residents in April Nunatsiaq News Canada’s aging crisis and a call for reform in eldercare The Hill Times KSU student working to address challenges with elder care Kennesaw State University AI Companions Redefine Elder Care: 3 Ways They Fight Loneliness, Boost Safety And Scale Support Forbes Ontario Supporting Seniors and Their Caregivers Ontario Newsroom Aged care UV light trial reduces infections Australian Ageing Agenda 'Don't open another bed': St. John’s doctor says there's a better way to keep seniors out of long-term care PNI Atlantic News Why So Many Seniors Can’t Afford Long-Term Care Time Magazine BPK student research looks to history to find a way forward for Indigenous elder care Simon Fraser University Emotional needs and service process optimization in combined medical and elder care: A TRIZ approach ScienceDirect.com Medicaid cuts in Kentucky will devastate our most vulnerable: nursing homes | Opinion The Courier-Journal Elder care platforms like Samarth, Emoha bullish on growth as silver economy booms The Economic Times Video: How the Immigration Crackdown Threatens Elderly Care The New York Times Police: Sonoma senior care worker arrested on suspicion of stealing from residents Sonoma Index-Tribune B.C. government close-lipped on watchdog report that finds seniors care is worsening - Vancouver Sun Your Company Needs an Eldercare Policy Harvard Business Review Stepping towards better health: Early Mobility team wins Nova Scotia Health Quality Award Nova Scotia Health Initiative to address women’s care load in Africa expands with two new projects | IDRC IDRC - International Development Research Centre Bay of Quinte Mohawks donate $60K each to Elder Care Home project, Belleville General Hospital Foundation Kingstonist News The opportunity to innovate in senior housing McKinsey & Company Cabinet touts NT$290bn elder-care tech program Taipei Times Central Govt Staff Can Avail 30 Days Leave for Elderly Care: Union Minister Jitendra Singh in Rajya Sabha The Logical Indian Rescue work continues at site of impact near elder care facility in central Israel The Times of Israel Anglican elder care specialist and advocate named to Order of Canada The Anglican Journal Support for Seniors and Caregivers Act Ontario Newsroom Half of Kansas nursing home investigator jobs are vacant. Residents die waiting for help. Wichita Eagle AI And Robotics: Shaping The Future Of Elder Care And Assistance Quantum Zeitgeist Evolutionary game analysis of building a sustainable intelligent elderly care service platform Nature A Model for Elder Care? Supported Housing Offers Some Hope for the Future Center for Retirement Research Geriatrics Sinai Health Applying Psychology in Elder Care: A Personal Reflection British Psychological Society Nursing home and elder-care residents could be hit hard by potential Medicaid cuts The Washington Post Research Groundbreakers: Dr. Roxanne Weiss Is Advancing Elder Care and Delirium Prevention The University of Utah Elderly care highlighted at China's 'two sessions' Global Times WHO calls for urgent transformation of care and support systems for older people World Health Organization (WHO) Digitalization for Improving Elder Care Asian Development Bank Govt Staff Can Take 30-Day Elder Care Leave Kashmir Observer |
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