How Do I Pay For Long Term Care?
Paying for long-term care (LTC) can be challenging due to its high costs. Here are several ways to finance long-term care: 1. Medicaid Medicaid is the largest payer of long-term …
What Type of Care Should I Choose – Home Healthcare, Nursing Home Care or Assisted Living Care?
Choosing between home healthcare, assisted living, and nursing home care depends on the individual’s health needs, lifestyle preferences, budget, and the level of assistance required. Here’s a breakdown to help …
What is the Average Cost of Home Healthcare, Nursing Home and Assisted Living Care in Maryland?
1. Home Health Care In Maryland, the average cost for non-medical in-home care is about $30 per hour, which translates to roughly $5,148 per month for a typical schedule of …
What is Disability Planning?
Disability planning in Maryland involves preparing for the possibility that an individual may become unable to manage their personal and financial affairs due to a physical or mental disability. This …
What is the Five Year Look Back Period & How It Could Effect My Estate Plan?
The five-year look-back period is a crucial factor in estate planning, particularly when planning for long-term care and Medicaid eligibility. This period refers to the timeframe during which Medicaid reviews …
How can I plan for long-term care and Medicaid eligibility?
Planning for long-term care and Medicaid eligibility is crucial for ensuring that you or a loved one can afford quality care in the future while protecting personal assets. Long-term care …