Category: Planning

How Do I Choose a Nursing Home?

According to the Henry J. Kaiser Family Foundation, there are 542 certified nursing facilities in Indiana. If you, or a loved one, are among the 2.7 million Americans who are projected to need the services of nursing homes by 2040, then it’s important to understand how to find the best facility to meet those needs.… Read More »

When the music died…

Obviously, this is a reference to Don McClean’s famous song “American Pie” of several famous musicians’ deaths from a plane crash in 1959.

Arguably, in the past 2 years, we have lost the most music icons in modern history.  George Michael, David Bowie, Glenn Frey, Prince, Merle Haggard, Leonard Cohen, and Glen Campbell were hugely popular and influential performers who have recently passed away.… Read More »

Advanced Medicaid Planning Series: Long Term Care Insurance

Long term care insurance covers care generally not covered by health insurance, Medicare, or Medicaid.

A number of considerations go into how much long term care insurance that you should buy. The average cost of a room in a nursing home is $70,000 per year and the average monthly base rate in an assisted-living facility in Indiana is $3,693. Home care costs can vary.

Read More »