Helpful Ways to Pay for Assisted Living Costs

California assisted living rent can vary from $3,000 to $10,000 monthly. Depending on what type of care your loved one needs, assisted living can be the most affordable solution when compared to a nursing home ($8,000 to $16,000 or more per month) or long-term in-home care ($24 - $30 per hour). If closely monitored medical [...]

August 30th, 2018|

Creative Financial Approaches to Long Term Care Services

Long term care insurance was sold aggressively in the 1980s, 90s and thereafter to offset the costs of seniors needing to live in a nursing home, assisted living or needing at home health care. Now, however, the business of long term care insurance has dramatically changed. What was once over 100 insurers providing LTC policy [...]

August 20th, 2018|

The Fiduciary Rule. What it is, why it matters, and why the Government will no longer be enforcing it

On March 15, 2018, the Fifth Circuit Court of Appeals ruled that the United States Labor Department acted outside of its authority by creating the fiduciary rule and no longer has authority to enforce this Obama-era protection for retirement savers. The fiduciary rule required financial advisors to act solely in their clients’ best interest as [...]

August 17th, 2018|

Life After A Dementia Diagnosis

  Many elderly people who are diagnosed with dementia are unprepared for future care. Once this type of diagnosis is received, preparing for the future can no longer be avoided. If you or someone you love has received a dementia diagnosis, begin immediately to discuss and seek guidance for future care. For help in implementing [...]

July 18th, 2018|