While in large part people who purchase long-term care insurance and those who plan to qualify for Medicaid coverage of long-term care costs fall into separate groups, there are at least two situations where they overlap.

Elderlaw 101

When you buy long-term care insurance years before you need it, you are taking a gamble that the company will still be around when it is time to pay out. But what happens if the company goes out of business?...

Elderlaw 101

With many people unwilling to purchase long-term care insurance policies due to the cost, insurers are rolling out new products . . .

Elderlaw 101

Many middle-income people have too much money to qualify for Medicaid but can't afford a pricey long-term care insurance policy. ...

Elderlaw 101

Long-term care costs can devastate a family's financial well-being if not appropriately planned for. One way to pla...

People are living longer and longer. With increased longevity comes a fear that retirement savings won't last. Annui...

The Internal Revenue Service (IRS) is increasing the amount taxpayers can deduct from their 2018 income as a result of buying long-term care insurance.

As nursing home and long-term care costs continue to rise, the Deficit Reduction Act has made it more difficult to qualify for Medicaid to pay for nursing home costs. . .

Have you owned the same life insurance policy for a number of years? If it's a whole life policy or a term policy...