Financial Survival for Families in the Grip of Dementia

Financial Survival for Families in the Grip of Dementia is a Consumer's Real Life, Hands-On Guide to Creating tax-free money for long-term care using the Pension Protection Act Using your IRA for long-term care Veterans benefits for long-term care, including the Consumer Directed Care program Medicaid eligibility, including the Consumer Directed Care program How to legally protect your assets When You Still Have Time To Plan Ahead Choosing the right preplanning strategy for your own long-term care needs is essential as our population ages. This book is full of creative financial strategies that you could use to protect your assets and the quality of care you receive. In addition, you will learn about little known tax incentives available to those who plan ahead for long-term care. When there is not time to plan ahead: Knowing how to effectively care for your aging parent or loved one will save you time, energy, and money. Learn the secrets that make caregiving easier including how to choose the right home care providers, long-term care facilities and how to manage the crisis. In this book, you will learn the legal strategies and government benefits available that can help your aging parent who is in a crisis pay for long-term care without going broke in the process. If your loved one is a qualifying veteran, you will learn the strategies to help them receive up to $31,716 each year-tax free, to pay for long-term care. Whether you're a veteran or not, there is still a solution for you. (see chapter 9).

Author: Kerry Morris

Publisher: Banyan Tree Press

Publication Date: Aug 30, 2024

Number of Pages: NA pages

Language: English

Binding: Paperback

ISBN-10: 194826191X

ISBN-13: 9781948261913