Long-term care (LTC) can become a significant issue for you or a loved one, as the cost of care can – and often does – consume a lot of assets. You cannot predict exactly what health care needs you may have in the future, but you can take steps to plan so that you do […]

We have heard variations of the myth over the years: “A nursing home will  take everything.” Savvy people rely on facts, not myths, and prepare for nursing home care before a health crisis strikes. Those people use the facts and laws to plan ahead and protect property and savings lawfully and legitimately. This article presents the facts. It also […]

We often hear from married couples during estate planning conferences that they do not plan to go to a nursing home. Our half joking reply is that lines rarely form for people wanting to enter nursing homes unless they are visiting nursing home residents. Unfortunately, according to the Indiana Long-Term Care Partnership Program, “individuals living […]

[See our Disclaimers page about relying on this website’s contents.] The Apostle Paul described balanced responsibilities of children to honor their parents and parents to behave reasonably toward their children this way: “As for children, obey your parents in the Lord, because it is right. The commandment Honor your father and mother is the first […]

[See our Disclaimers page about relying on this website’s contents.] (Updated March 14, 2018) Hollywood actress Betty Davis was quoted as saying, “Old age ain’t no place for sissies.” Unfortunately (or fortunately, depending on how you view it) more people are reaching older ages today than ever (such as Ira Chestnut, pictured at left as a high […]

[See our Disclaimers page about relying on this website’s contents.] Most responsible adults buy insurance to protect against risk. We buy auto insurance protection for liability and vehicle damage. We protect ourselves from expensive healthcare costs with health insurance. Likewise, we can also protect ourselves from expensive nursing home costs with long-term care insurance. Few […]