Savvy Colorado residents prepare ahead of time for their future with financial estate planning, but another important aspect often gets overlooked -- long-term care.What is long-term care? Long-term care encompasses many services and assistance required by those with...
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Long-Term Care Planning
Long term care planning for for Colorado residents
Many Colorado residents are planning ahead for their golden years. Yet some may be unsure exactly what is meant by long term care policies. Below is a general overview of the services that might be covered in a typical plan. The Colorado Division of Insurance...
Start now with long-term care planning
Nobody wants to learn that they have a degenerative disease that will slowly strip their body functions and mental faculties from them. It's probably one of the most devastating occurrences anyone could ever endure. But Colorado residents receive these diagnoses just...
Discuss long term care planning with elderly parents
Colorado residents with aging parents may be in the dark when it comes to what they know about their parents' finances and final wishes. But when it comes to long term care planning, asking the right questions sooner rather than when it is too late makes all the...
Long term care planning now avoids worry later
Colorado residents can give themselves the gift of peace of mind in their golden years by planning now for their needs after retirement. One of the ways to do this is to engage in long term care planning with an attorney who practices estate planning law.One study...
Aid for disabled bill advances in Colorado Senate
Disabled Colorado residents and the loved ones who care for them have a friend in the Democratic senator who hails from Fort Collins.The senator's proposed bill, "The Aid to the Needy Disabled," recently won a second round of voice voting in the Senate, where perhaps...
Tips for saving money for Colorado seniors
Senior citizens with fixed incomes are usually on the lookout for a good bargain, as buying goods and services at a discount can stretch a tight budget a bit farther. Below are some ways for seniors to get more bang for their buck.Consider spending the $16 annual...
Colorado senior citizens living longer, staying active
The chief executive officer of a senior living center in Colorado recently discussed the evolution of the senior care industry during her 20-plus years working with older people.The CEO states that "the acuity at all levels of senior care has increased." Residents who...
Medicaid beneficiaries in Colorado must look out for attachment
Coloradoans might find some of the new rules established by the Affordable Care Act to be complicated or surprising. One such rule involves the fact that people enrolled in expanded Medicaid might now be subject to government asset attachment when a beneficiary dies....
Retirees should be aware of scams targeting senior citizens
An ideal retirement involves a bank account or pension plan that can allow a person to benefit from years of hard work. Unfortunately, criminals and schemers are too often trying get the money that older people have spent a lifetime earning. According to MetLife,...