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Overall costs for new long-term care insurance coverage — which pays for care in nursing homes and, increasingly, at home as well — increased 8.6 percent compared to a year ago, [...]

This really depends on the actual documentation and the practice in your state. If by documentation you mean a promissory note, repayment should work. But if it’s simply documentation that [...]

You might think that the top priority of the broker or financial adviser managing your retirement funds is to maximize your returns, but that’s not always the case. Some steer their clients [...]

You might think that the top priority of the broker or financial adviser managing your retirement funds is to maximize your returns, but that’s not always the case. Some steer their clients [...]

If you’re like most people, you have the best of intentions with regard to how you want your estate distributed when you die or your affairs handled should you become incapacitated. [...]

As I’m sure you are aware, “fair” and legal are not necessarily the same. Your story highlights the need for people choosing to move to a retirement or continuing care community to do so [...]

If your aunt doesn’t need to apply for Medicaid benefits until more than five years after the gift, it doesn’t need to be reported. However, if she does need Medicaid-covered care [...]

As more people consider retiring abroad, questions are arising about how an overseas retirement will affect long-term care insurance benefits. If you are planning to relocate out of the country [...]

The minimum monthly maintenance needs allowance (MMMNA), the minimum amount of monthly income that a community spouse (the spouse of a nursing home resident getting Medicaid benefits) is entitled [...]

If Medicaid pays for your husband’s care in the nursing home, you will not have to contribute anything from your income towards his cost of care. You will also be entitled to keep a portion [...]