What chance do you have of living to 100? And, can you afford to do so? Explore life expectancy trends and what it takes to fund a long life. The good news is that you can have a good chance of living a long time. The bad news? Life expectancy in the...
The National Academy of Elder Law Attorneys (NAELA), MA chapter is pushing hard to raise the limits. See a portion of their letter below to state representatives explaining the benefits of more people qualifying for home care services. Currently, a nursing home...
Medicaid planning is the process of protecting assets and obtaining Medicaid benefits in the event of a costly, long-term nursing home stay or for care and services provided at home. Preemptive planning is best while the senior is healthy or somewhat healthy, as more...
"It's the most wonderful time of the year, the happiest season of all." - Andy Williams. In many ways it truly is, especially when children and grandchildren are involved. But it can also be the most overwhelming time of the year. With all of the family home or...
Financial planning for emergency nursing home cases involves two major disciplines: legal and financial. Variables, such as the income of a nursing home resident, the cost of nursing home expenses, the amount of assets available and the determination of any special...
There are few conversations more dreaded than talking with a family member about their continued ability to drive. In recognition of Older Driver Safety Awareness Week we would like to share some thoughts on safe driving and provide some resources to assist our...
One benefit that is often overlooked is Community Medicaid. Community Medicaid, a means tested program, is a governmental program that helps pay for care at home. As a general rule, Community Medicaid will pay up to 28 hours of care per week at home. Specifically, a...
When someone is faced with the overwhelming responsibility of finding a nursing home for a loved one, the question often is asked, "Where do I begin?" Although this is a very difficult process, with some professional guidance, the decision can be one that is fully...
So you survived the Halloween tricksters and pumpkin smashing goblins but that’s not the end to the frights this time of year, it’s also Open Enrollment time for Medicare (Oct. 15th thru Dec. 7th). The time of year when Medicare beneficiaries must choose a new...
Once the determination has been made that an elder can no longer remain safely at home or in an alternative housing environment such as senior housing or assisted living, a plan must be developed as quickly as possible for a nursing facility. Those who already have a...
The Veterans Aid & Attendance Pension is a non-taxable monetary benefit paid monthly directly to an eligible veteran and/or their spouse who is in need of the aid of another person to perform functions of daily living. Those eligible to receive such payments can...
ROCKLAND, Maine (AP) — When Virginia Oliver started trapping lobster off Maine’s rocky coast, World War II was more than a decade in the future, the electronic traffic signal was a recent invention and few women were harvesting lobsters. Nearly a century later, at age...
Take advantage of Senior Resource Center, Inc.’s unique multi-disciplinary approach of uniting health care coordination and advocacy, asset preservation and financial guidance2, as well as legal overview1, under one roof. Our comprehensive planning process will help you make the decisions you need to help secure your family in your retirement years and beyond.
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