Can Adult Children Be on the Hook for Paying their Parents’ Nursing Home Bills?

Have you talked to your parents about planning for the costs of long-term care? The truth is that the majority of individuals will need long-term care at some point in their lifetime and the costs of such can be substantial, to say the least. The earlier you begin the long-term care planning process,...
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The Danger of Giving Gifts When It Comes to Long-Term Care Planning

There are many seniors who find joy in giving financial gifts to children, grandchildren, and loved ones. While the generosity is something that both the giver and receiver of such gifts can greatly enjoy, there are other considerations that must be taken into account before an older individual bestows such generosity on someone else....
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