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Financial Planning
Get an independent opinion from a person who doesn't earn a commission or fee ElderTrust Services - for working adult 'kids' who can't do everything for aging family Advice on other investments such as rental property, refinancing, annuities
Social Security Covers Nursing Homes for Just a Short Time Only the 1st 20 days at the nursing home is covered completely The 21st through the 100th day you pay $125 per day of the total cost You must be making progress in order for Medicare to pay during this 100 days. Once you’ve reached the maximum mobility or speech therapy, Medicare no longer pays. After 100 days, Medicare no longer pays. If you are medically insolvent, you may qualify for Medicaid. But they can force you to sell your home to pay for your care unless your spouse is still living there. They can put a lien against your home for the cost of your care in the nursing home. Transferring assets has to be done many years in advance of a debilitating illness.
 Long-Term Care & Financial Planning - #1 on the To Do List Related Links: Social Security Administration
Other Interesting links: Vacation Homes - complex tax issues Tax Podcasts from CPADirectory.com
Tax Services Offered Who should claim the dependent How to pay a housekeeper Forms 1040, 1120, 1120s, 1065, 990 Negotiate a settlement Electronic Filing
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