What Is Medicaid Planning?
What is Medicaid planning? Medicaid planning is a form of estate planning focused on helping a disabled person or senior…
Get Help With VA Benefits To Pay for Senior Care
[Last updated May 13, 2024] Understanding how to access VA benefits can be complicated. ElderLife Financial Services has experts who…
What Is a Medicaid Waiver?
Medicaid is the largest funding source for long-term care and supports, according to a Congressional Research Service 2022 report. People…
Strategies To Use Life Insurance for Senior Care
When it’s time to get long-term care services for yourself or a loved one, you may find them costly. You…
Can Medicaid Pay for Long-Term Care?
Long-term and senior care services can be costly. While some insurances help pay for these costs, it's hard to know…
How To File a Parent’s Taxes
[Last updated December 13, 2023] Filing a tax return can be confusing and tedious, especially if you’re doing it for…
4 Year-Round Tips To Stay Organized for Tax Season
[Last updated December 13, 2023] Tax seasons can cause headaches, but when you use these tips to stay organized year-round,…
Does Medicare Cover Long-Term Care?
Medicare is a complex system; we’re here to explain if and how Medicare covers long-term care costs in simple terms…
Tax Planning Tips for Caregivers
[Last updated November 13, 2023] Filing your taxes can be complicated, especially when you’re a caregiver for an older loved…
Tax Preparation Tips for Seniors
[Last updated November 6, 2023] Seniors can consider these tips now to prepare to file their tax returns to ensure…
Interest Rates and Your Loan for Senior Care
With recent federal interest rate hikes and inflation at a 40-year high, many fear the financial impact of the changing…
Accelerated Death Benefits vs. Viatical Settlements for Senior Care
When faced with a life-altering illness, it can be hard to navigate the complications that come with it — especially…
