Have You Considered Buying Long-Term Care Insurance?
JUNE 6, 2016 VOLUME 23 NUMBER 21 Spoiler alert: the cost of long-term care can be really high. One of the leading national insurance companies (Genworth USA) conducts an annual survey of the actual costs, breaking them down by state and even by major cities within each state. Genworth’s estimate of the cost of a […]
“Filial Support” Laws and Nursing Home Collections
We read an interesting article today, posted on the Elder Law Prof Blog. It includes an interview with the child of a nursing home resident — the child (not the resident) was successfully sued for a portion of her mother’s nursing home bill. We thought it would be of interest to our readers, as well. […]
Long-Term Care Insurance: A 2013 Update
MARCH 16, 2013 VOLUME 20 NUMBER 11 A colleague recently asked if we knew why long-term care insurance premiums might be climbing significantly in the next month or so. We didn’t, but it got us thinking about how the industry has changed over the past few years. Is it still a good idea to purchase […]
“Filial Support” Laws: Making Children Pay for Their Parents’ Nursing Home
JULY 30, 2012 VOLUME 19 NUMBER 29 When your parents go to the nursing home, could you be liable for their bills? That may seem unlikely, but as the country’s leading authority on the subject (Prof. Katherine Pearson from the Dickinson School of Law at Pennsylvania State University) notes, there are laws on the books […]
Helping Care for Your Relative Provides Income Tax Benefits
APRIL 9, 2012 VOLUME 19 NUMBER 14 Federal and Arizona state income tax returns are due next week. It’s a good time to review tax deductions for one of the common situations we deal with: in-home (or, for that matter, institutional) caregiving for an infirm family member. We wrote about an individual case involving long-term […]