Private Industry Has Solutions For Funding Care At Home That ADRC’s Do Not

I attended a dementia hearing recently.  Eight Wisconsin legislators were listening to ideas and problems in dealing with dementia in Wisconsin.  Many of those testifying spoke of how people will not accept home care because they think they cannot afford it.… Read more...

Adult Day Care is Great Respite For Caregivers, But They Are Closing Up

Adult day care is a wonderful break for family caregivers.  Family can take their loved one to a day care program where care is provided 5 days a week typically, and get a “day off” from caregiving duties.

Caregiving wears people out physically, emotionally, spiritually.  … Read more...

Thanksgiving is Coming, How is Your Family Doing?

Thanksgiving comes around every year about this time.  Families get together, hopefully getting along.  Sometimes it is the one time a year everyone sees how the older members of the family are doing since last year.

For some families, it will be a difficult time when they realize that grandma or grandpa are not as sharp as they used to be.   … Read more...

Be Careful About Gifting

The concept of “gifting”, or spreading gifts throughout one’s lifetime, has been a recognized as an effective strategy for reducing estate taxes. But, did you know that there is more to think about “gifting” than how it might impact estate taxes—especially for those people for whom estate taxes are not a concern?… Read more...

More Bad News For The Sandwich Generation – Filial Responsibility Laws

The sandwich generation are the folks who are currently raising teens, paying for school, and taking care of their parents as well.  This causes much missed work, missed work opportunities, missed events with children, and general exhaustion.  How could you possibly accept a promotion requiring a move when you are taking care of an aged loved one here?… Read more...

Do You Know Someone Who May Soon Need Help Managing On Their Own?

We all dread the time when we may need some assistance due to not being able to manage on our own anymore.  It happens to others, but surely, not us.  We are never prepared when a loved one needs help, and then we find out how expensive such care is.  … Read more...

Medicaid Is Just Fine, Isn’t It?

If I had a nickel for every time I heard people say that Medicaid gives you the same care as paying for care does………

True, there is no sign above the door in your facility stating if you are paying the full bill for care or if Medicaid is paying the bulk of it. … Read more...

Some Helpful Hints For Financial Planners Concerning Long Term Care

I realize LTC is not a topic you relish discussing.  Hopefully your clients won’t need such care, and if they do perhaps they can pay for it out of cash flow (at possibly $100,000 a year).  However, if the topic comes up, here are some ideas and strategies that might help.… Read more...

Medicaid Enrollments Surge

With the Affordable Care Act now signing up health insurance customers online (in theory), statistics are emerging.  For every one person getting healthcare from an insurance company, four more people are enrolling in Medicaid.

The government has only so much money to go around. … Read more...