Long Term Care

New Larger Tax Deduction for LTC Insurance

Posted on: March 28th, 2016
The unpredictable rises in LTC insurance costs make it difficult for individuals to forecast and plan. However, there are a few tax deductions available. Plus, the IRS recently announced an increase for the federal LTC insurance deduction in the 2016 tax year. ...

Raleigh Now Has #2 Fastest-Growing Senior Population

Posted on: March 25th, 2016
Raleigh now has the second fastest-growing population of seniors in the United States. The growing number of seniors in the Triangle region not only triggers a strain on residential spaces like assisted living facilities, but it also prompts a burgeoning need for elder law discussions....

Why Renting is an Attractive Option for Seniors

Posted on: February 16th, 2016
Older adults now make up a significant share of tenants. Adults ages 45-64 account for 30.2 percent of tenants....

Start Alzheimer's Legal Planning

Posted on: January 20th, 2016
Waiting to develop a legal plan for an aging relative with cognitive decline might result in the elderly person's incapacitation. Then it might be too late for them to execute legal documents independently....

5 Mistakes With Long-Term Care Insurance

Posted on: November 24th, 2015
Long-term care (LTC) insurance rates this year were 8.6% higher than the year prior. As rates rise, planning professionals and policy holders take concerted efforts to develop care plans that effectively maximize investments and benefits to prevent the fees for LTC insurance from becoming cost prohibitive. ...

Legal Planning: Greater Costs for Dementia and Alzheimer’s Care

Posted on: November 17th, 2015
End-of-life treatments in particular cost 81 percent more for dementia patients than others. Cognitive impairments such as dementia and Alzheimer’s impose significant care expenses on the aging population....
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