As eldercare replaces childcare as the number one issue facing Baby Boomers, Don't Go Broke in a Nursing Home is one book you need to take back control of your life and provide excellent long-term care for your aging loved ones without them going broke in the process. When There is still time to plan ahead, choosing the right preplanning strategy for your long-term care needs is essential as our population ages. This book is full of creative financial strategies that you can use to protect your assets and your quality of life in the future. In addition, you can learn about little known tax incentives available to those who plan ahead for long-term care.
But even when there is no time to plan ahead, knowing what care is available for your aging parent or spouse will save you time, energy and money. Learn the secrets that make caregiving easier, including how to choose the right home care providers and long-term care facilities. In this book you will learn the legal strategies and government benefits available that can help you pay for long-term care without going broke in the process.