Millions of Americans reside in nursing homes, assisted living centers, or other long-term care facilities. Estimates show that over 5 million seniors have some kind of dementia, and that there are currently over 40 million senior citizens, many of whom will require some time of long-term care. By 2050, the proportion of senior citizens will balloon to 20% of the total population, a trend that … [Read more...] about Nursing Home Abuse and Neglect: Commonly Asked Questions
The growth in senior-friendly programs and products that has begun emerging as the baby boomer generation begins retiring is affecting not only seniors, but also their families. Many seniors, for example, are choosing to move in with their adult children and are creating a new wave of multigenerational households. Home builders, architects, and home product designers have taken note of this shift … [Read more...] about Single Family Home Design Changing as Population Ages
For many of the 10,000 baby boomers reaching retirement age every day, the idea of needing long-term care is only that: an idea and not a reality. A new poll conducted by the AP-NORC Center For Public Affairs Research shows that two-thirds of baby boomers say they’ve done nothing to plan ahead for the possibility of long-term care costs. Three in 10 say they don’t like thinking about getting old … [Read more...] about Boomers Unprepared for Long-Term Care
A new report from the AARP shows that more and more Americans are spending time caring for elderly family members. The report says that about 42 percent of workers in the United States spend at least some time within the past five years providing unpaid eldercare services. 49 percent of those same workers say they expect to provide elder care within the next five years. The report comes as the … [Read more...] about More Children Caring For Elderly Parents, And Paying a Price
For some elderly people, the prospect of spending the remaining years alone often leaves them very vulnerable to those who would take advantage of their position. In some situations, an elderly parent can end up giving away or losing much of his or her life savings to someone who is only interested in the financial side of entering into a relationship. If you're a child with an elderly parent or … [Read more...] about Protecting Parents From Gold Diggers
The estimated 10,000 baby boomers who reach retirement age every day are changing the way retirement homes look at assisted living arrangements. Senior living experts are noticing that many assisted living centers have been making radical changes in the past several years as more and more baby boomers choose retirement centers and 50+ communities as their residence. Many baby boomers, for … [Read more...] about Assisted Living Adapts to Wave of Boomer Retirees
Do you have a loved one currently living under the care of a nursing home facility? If this is the case, establishing the best possible care for them is obviously top priority. Elder Law and Nursing Home Attorneys help keep these plans in place while ensuring all parties involved are following all federal laws. These laws and attorneys also establish protection for your loved one during the event … [Read more...] about Long Term Care and Nursing Home Law
Making plans to go into a nursing home is not on the top of many people's list of fun activities, however it is a necessity to think through the options. In this day and age, nursing home care can become a very expensive proposition if you have not planned properly earlier in life. The time to plan for nursing home care is when you are still in good enough health to research the options and … [Read more...] about Preparing for Nursing Home Expenses
Every year, Genworth Financial conducts a nationwide survey of long-term care costs. The report detailing the results of the2011 survey has been released and, to no one’s surprise, the cost of care in nursing homes and assisted living facilities has increased. The Nationwide Trend In fact, the cost of long-term care has shown a steady increase, on a nationwide basis, since 2005. When you look at … [Read more...] about What is the Cost of Florida Long-Term Care?
Having an incapacity plan is vitally important. You never know when catastrophe may strike, and even the youngest and healthiest among us are vulnerable to illness and accidents. Incapacity Planning is Critical That’s why it’s critical to plan in advance. With an incapacity plan, you use a living trust and/or other legal documents, called advance directives, to help ensure your wishes are … [Read more...] about Is Your Incapacity Plan Medicaid-Ready?