Long Term Care

Why Long Term Care Planning is Important

Long-term care planning is crucial as it can protect seniors' assets and financial security. Without planning, the cost of long-term care can be staggering and have a serious impact on seniors' savings. Long-term care planning should consider how the care will be paid for, including options such as Medicaid and long-term care insurance. It's important to start thinking about long-term care planning as early as possible, but it's never too late to start. One important aspect of long-term care planning is creating a comprehensive incapacity plan, which could include Advance Directives, a Durable Power of Attorney, and a Living Will. These documents allow seniors to plan for the event of incapacity by appointing a trusted loved one or a professional to make decisions on their behalf if they are unable to do so. It also allows them to state their medical treatment preferences in case they are unable to communicate their wishes. Overall, it is important to seek help from an experienced elder law attorney to understand the laws and regulations of your state and develop a plan that takes into account the individual's specific circumstances and needs.

2023-01-10T13:09:37-05:00January 10th, 2023|

Local Non-Profit Spoke to Women’s Group About Aging in Place

Wellington Cares Addressed Council Of Catholic Women About Serving Aging Population Wellington, FL, March 31, 2015 – Wellington Cares board members were invited to speak at the Council of Catholic Women’s monthly meeting at Our Lady Queen of the Apostles Church in March. Kathy Foster, Executive Director of Wellington Cares, and board member Daniel Terner spoke [...]

2017-07-20T21:19:52-04:00March 31st, 2015|

Nursing Home Costs are on the Rise

According to the the recently-released 2014 Genworth cost of care survey, the median cost of private nursing home rooms in the United States has increased to $87,600 a year, a jump of 4.4%. The median cost of semi-private rooms has increased, as well, to $77,380 (an increase of 2.6% from last year). A similar survey [...]

2017-07-20T21:19:52-04:00April 8th, 2014|

2014 Alzheimer’s Association Annual Report Released

The Alzheimer’s Association’s “2014 Alzheimer’s Disease Facts and Figures” report released today reveals startling statistics on the ever-growing impact of Alzheimer’s disease on our nation, including new information on growing death rates, the cost of the disease and the disproportionate burden of Alzheimer’s disease on women. Unless something is done to change the course of [...]

2017-07-20T21:19:53-04:00March 19th, 2014|

Naturally Occurring Retirement Communities

I grew up on a small shady street in a suburb of New York City. The neighborhood was comprised of less than a dozen single-family homes, and everyone knew everyone. There were no secrets, but there was a strong sense of community. Even as a child, I could feel it. The residents of School Street [...]

2017-07-20T21:19:53-04:00July 8th, 2013|

Caring for Aging Parents

According to “Double Jeopardy for Baby Boomers,” a recent study by MetLife, the number of adults who provide care to aging parents is on the rise, more than tripling from 1994 to 2008. In 1994, 3 percent of men and 9 percent of women age 50 and over were caring for parents. In 2008, 17 [...]

2017-07-20T21:19:53-04:00May 10th, 2013|
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