Category: Senior Financial and Legal Guidance

The IRS recognizes that paying for an Assisted Living community can be a financial burden for many families. To ease this difficulty, current tax law does allow certain individuals to deduct a portion of these expenses on their taxes.

In this blog, we will look at the healthcare proxy role and what considerations should be taken when choosing one.

Let’s take a look at pre-paid funeral or cremation plans, their benefits, as well as any drawbacks that might come along with them.

Let’s explore the factors to consider when determining the cost of Assisted Living the financial resources available, and the steps to take when planning for this new chapter in life.

Learn more about what is needed to sell a parent's home

Find out the difference between Medicare and Medicaid, who qualifies for Medicare and Medicaid, how much each costs, and which one pays for Assisted Living Communities and Nursing Homes

Learn how to efficiently manage your finances when preparing to move into a Senior Living Community

Find out how to talk about money with your aging parents to provide care for them