No matter your age, it is a good idea for you to have a will. However, you might be unclear about a will is and the way that it works. The professionals at Elder Care Direction can provide you with some guidance about the importance of wills, and we can give you referrals to one…
If you or your loved one has Medicare insurance, it will only pay for a portion of his or her medical costs. The out-of-pocket medical costs can be substantial. One type of policy that you can purchase to supplement Medicare is called a Medigap policy. At Elder Care Direction, we can provide some advice about…
A large component of many people’s retirement plans is Social Security and Medicare. If you are nearing your retirement age, it is important that you understand each of these programs so that you can get the greatest benefits from them. Elder Care Direction is able to explain these programs so that you can make more…
According to the U.S. Department of Health and Human Services, a majority of people will need some form of long-term care during their lifetimes. Unfortunately, long-term care can be prohibitively expensive with Americans paying an average of more than $6,000 per month for semi-private rooms in nursing facilities. If you have an elderly loved one,…
When your loved one passes away, you may be overwhelmed by all of the different things that you must manage. One of the responsibilities that you might have is to notify the Social Security Administration immediately. Some people have the mistaken belief that money that the SSA continues to send can be spent on things…
If you have outstanding debts and are receiving Social Security, you might wonder if your creditors are able to garnish your benefits. Whether or not a creditor can garnish your Social Security benefits will depend on the types of debt that you have. The professionals at Elder Care Direction can help you to understand when…
A part of planning for retirement includes making certain that you or your loved one will have adequate, affordable housing. This is especially important as part of your planning process if you or your loved one is a senior citizen who is facing increased expenses, reduced mobility, and a limited income. The professionals at Elder…
If you are attempting to qualify for Medicaid to pay for your long-term care needs, you likely have a number of questions about the assets that you hold jointly with your spouse or children. The professionals at Elder Care Direction can help you to determine how different jointly held assets might impact your eligibility for…
Almost all workers in the U.S. count on Social Security as a part of their retirement plans. If your parent worked for a minimum of 10 years, he or she is likely eligible to receive Social Security retirement benefits. If your elderly parents are married and both worked, they are both likely to be eligible…
Many people who come to Elder Care Direction for help with senior planning are confused by the Medicare and Medicaid programs. They are vastly different, and it is important to understand the differences between each one. Elder Care Direction can help people with Medicaid and Medicare planning so that they are better prepared for their…