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Can a Nursing Home Take Our Savings? We Have $350,000 in IRAs

A $350,000 account could be exhausted in just a few years if both members of a couple required semi-private rooms in skilled nursing facilities. However, that's not necessarily what would happen. For one thing, most people don't run up nursing home bills of that magnitude. Also, you may be able to get government assistance to […] The post Can a Nursing Home Take Our Savings? We Have $350,000 in IRAs appeared first on SmartReads by SmartAsset.

Legal Ease: Are you prepared for the rising cost of long-term care?

The first step in planning for the cost of long-term care is consulting with professionals that can advise you on how best to position your assets, whether long-term care insurance is an option, and how best to qualify for Medicaid.

Legal Ease: Are you prepared for the rising cost of long-term care?

The first step in planning for the cost of long-term care is consulting with professionals that can advise you on how best to position your assets, whether long-term care insurance is an option, and how best to qualify for Medicaid.

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