Articles related to focusing on healthy aging, prevention, mobility, cognition, nutrition, independence, and caregiving support.
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.
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.
In 2024, the median annual cost for a semi-private nursing home room exceeded $100,000, a cost far greater than most Social Security benefits can cover. This financial reality naturally leads many to ask, "what happens to my husband's Social Security if he goes into a nursing home?" when facing long-term care decisions.
