The costs of long-term care continue to rise. The average cost of one month in a nursing home, according to the State of Michigan, is now at $6816 per month or almost $82,000 per year. The hourly cost of home care is $20 or more per hour. This is more than most people can afford. [...]
Archive for February, 2011
The Value of Medicaid Pre-Planning
Posted in Elder Law, Medicaid Planning, tagged Asset Protection, Estate Planning, Long Term Care Planning, Medicaid Law Changes, Medicaid Planning on February 23, 2011 | Leave a Comment »
New Alzheimer’s Disease Treatment?
Posted in Alzheimer's Disease, Long Term Care, tagged Alzheimer's Disease, Dementia, Long Term Care Planning, Long Term Illness on February 8, 2011 | Leave a Comment »
A new study released by Oxford University in September, 2010 found that approximately one out of every six persons over the age of seventy suffer from some form of “mild cognitive impairment”. Unfortunately, fifty percent of those persons will also develop Alzheimer’s disease (named after the German scientist Alois Alzheimer who first described it in [...]
