Archive for March 2024
Women face unique challenges as they age
Last week we discussed the concern aging Americans have about planning for a serious illness. In addition, aging brings unique challenges for women, encompassing a blend of health concerns, financial security, and societal expectations. As women move further into their golden years, many face the prospect of aging with a mix of apprehension and resilience.…
Read MorePlanning for a Serious Illness Brings You Peace of Mind
As older Americans navigate the later stages of their life, a growing concern that often occupies their thoughts is the fear of becoming seriously ill and the subsequent financial burden associated with long-term care. This anxiety is not unfounded; the cost of healthcare in the United States, particularly for long-term services such as home care…
Read MoreNavigating Tax Deductions for Assisted Living Costs
As tax season approaches, caregivers of loved ones residing in assisted living facilities often find themselves grappling with questions about deductibility. The IRS does indeed provide guidelines for deducting certain qualified long-term care costs as medical expenses. However, when it comes to the status of Assisted Living Facility (ALF) costs, clarity has been somewhat lacking.…
Read MoreThe Rising Threat of Social Security Scams
In an era where technology has facilitated unprecedented connectivity and convenience, it has also opened avenues for exploitation. Last week’s Hurley Elder Care Law blog shared some popular scams as well as advice on how you can stay protected. This week we will examine the rising threat of social security scams. These scams prey on…
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