Over the past year, the pandemic has placed caregivers under greater financial stress and increased their caregiving responsibilities. LendingTree shares tips for caregivers to maximize their budgets during the post-pandemic recovery. The pandemic has had a profound effect on seniors. Deaths and hospitalizations from COVID-19 were substantially higher among people aged 65 and up – many of whom lived in nursing homes. …
For many families, 2026 is the year of the “Right-Sized Move.” Consider the story of “The Millers,” a couple who spent 30 years in a high-tax New Jersey suburb. As they approached retirement, they realized that staying in their family home would mean paying nearly 12% of their fixed income to the state. By moving just a few states away to Delaware,…
When you’re a breast cancer caregiver or a patient, making sure essential legal documents are in place is an important task. Making wishes known, appointing someone to carry out those wishes when necessary, and properly documenting everything must be done in order to protect the patient. An attorney from ARAG shares 4 essential legal documents that a breast cancer patient needs to…
Caregiver stress can cause serious negative effects to your physical and mental health. One major source of stress is the caregiver financial burden. You do what’s necessary to help your older adult get the care they need. But that care often comes at a high cost. To reduce the financial burden, Vive Health shares 7 tips for saving money on caregiving expenses –…
Assisted living or nursing care is expensive and many older adults will need to use Medicaid to pay for it. To qualify for Medicaid benefits, many older adults “spend down” or try to reduce their assets to meet the requirements. But the rules are complex, so doing this without help from an elder law attorney could lead to penalties or denial of…
Managing medical bills is a necessary part of caregiving Managing medical bills is part of the job when you’re caring for an older adult. Unfortunately, those bills are often complicated, filled with errors, and sometimes beyond your older adult’s budget. We found a helpful image that breaks down medical bill management into 10 clear steps. This organized list makes the job much easier…
