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Articles related to focusing on healthy aging, prevention, mobility, cognition, nutrition, independence, and caregiving support.

4 min

How do I protect my assets when my husband has dementia?

According to the Alzheimer's Association, more than 6 million Americans are living with Alzheimer's, a common form of dementia, which can create significant financial challenges for families. Knowing exactly **how do I protect my assets when my husband has dementia?** is a critical first step toward ensuring your financial stability and peace of mind during a difficult time.

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8 min

What Can a Nursing Home Take? Understanding Legal Rights and Medicaid

According to the Centers for Medicare & Medicaid Services (CMS), the average annual cost of a private room in a nursing home is over $100,000. The significant cost of long-term care fuels a common fear that a facility will take a resident's life savings and assets, a misconception that warrants a clear explanation of what can a nursing home take versus what is legally protected. This guide explains how payment for care works, what assets are exempt, and the critical role of Medicaid in covering expenses.

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5 min

How to Protect Your Money from Assisted Living Costs: Comprehensive Strategies

According to the Genworth Cost of Care Survey 2023, the median annual cost of assisted living in the United States is over $54,000. Understanding **how to protect your money from assisted living** expenses is crucial for securing your financial future and ensuring access to necessary care without depleting your life savings.

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4 min

How do you protect your money if you go into a nursing home?

According to the U.S. Department of Health and Human Services, about half of people turning 65 will need some form of long-term care. Learning **how do you protect your money if you go into a nursing home** is a critical step in preserving your financial security for years to come.

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4 min

Are family members responsible for nursing home bills? The legalities of filial and spousal responsibility

According to the Consumer Financial Protection Bureau, many nursing homes try to bill or sue a resident's family members for the cost of care, often in violation of federal law. Understanding whether family members are responsible for nursing home bills is crucial, as the answer depends on a mix of state and federal laws, contractual agreements, and the presence of spousal liability or filial responsibility statutes. This guide will demystify the legal landscape and provide actionable advice to protect your family from unwarranted nursing home debt.

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4 min

Understanding: When can a nursing home take your money?

With the average annual cost of a private room in a nursing home exceeding $100,000 in many states, the question, "**when can a nursing home take your money?**," is a pressing concern for families facing long-term care decisions. The reality is often more complex and less direct than people fear, revolving around paying for care rather than seizure of assets.

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5 min

What happens financially when someone goes into a nursing home?

The average cost of a private room in a U.S. nursing home can exceed $10,000 per month. Understanding what happens financially when someone goes into a nursing home is crucial for protecting assets and ensuring peace of mind for both the individual and their family.

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4 min

Can a nursing home take everything you own? Understanding asset protection

While the fear that a nursing home can take everything you own is a common misconception, the reality is that the high cost of long-term care can quickly deplete your assets unless you plan ahead. Annual nursing home costs can exceed six figures, making proactive asset protection crucial for individuals and families.

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