Your spouse suffers a stroke or you fall while cleaning and fracture your wrist and pelvis - what happens next? Some amount of long-term care services will likely be required.Long-term care includes all the medical and non-medical services to cope with a chronic...
More Than 20 Years Of Serving Colorado Families And Businesses In Times Of Need
Long-Term Care Planning
What home care is and why it is important
The last time we talked about long term care planning was about a month ago. We wrote about LTC insurance, and how it can prove very beneficial to some people. Today, we're going to talk about home care, what options there are for this type of care and why many people...
Does long-term care insurance make sense for you?
At some point in our lives, we will no longer be able to do the things that we once did. We won't be able to play basketball with the usual group on Saturdays. Those weekend hiking trips will be a thing of the past. And even some of the more basic tasks, such as...
Why we all need a long-term care plan
It can be hard to imagine, but if you can, think about your life when you are much older. Picture yourself as a 70- or 75-year-old person and trying to do all of the things that you do today. Some of those things won't be possible anymore, and others still, though...
When Could ABLE Act savings accounts be available in Colorado?
The US Congress passed the Achieving a Better Life Experience (ABLE) Act in 2014. The law will enable people with disabilities to access savings accounts to pay disability-related expenses. The accounts will not affect Medicaid and Supplement Security Income...
It’s in the cards: Talking about Advance Medical Directives
Do you freeze up when someone mentions “the end of life" or "advance planning?” Few are comfortable with the topic. Estimates are that more than 60 percent of older adults do not have an advance directive in place that expresses their wishes regarding end-of-life...
Do Colorado residents need long-term care plans?
Nobody likes to dwell on their own mortality or impending physical or mental decline, but many Denver residents are relieved after securing long-term care for their future.In a single year, nearly 10 million Americans required long-term care. While 63 percent were...
How to prepare for long-term care
As part of good estate planning, residents of Colorado may consider long-term care planning for themselves and their loved ones. Medicare, a government supplemental insurance policy that provides medical and hospital benefits for individuals who meet certain...
Eligibility for Medicaid as a homeowner
Many Colorado residents may wonder if they are eligible for Medicaid if they own a home. The eligibility standards for Medicaid are specific, and certain assets are used to determine eligibility. An individual who applies for Medicaid is required to list their assets...
What are the benefits of care planning?
A Colorado resident or anyone else turning 65 has a 60 percent chance of needing long-term care. Statistics also indicate that 20 percent of people who reach age 65 spend at least two years in a nursing home. In many cases, people do not prepare because they believe...