Some parts of our bodies have clear purposes: our eyes are for seeing, our lungs for breathing, our hearts for pumping blood. Other parts of our bodies provide functions that not so obvious, but nonetheless important. The thyroid is one such body part. Where is it, what does it do, and what happens when something goes wrong? What is Your Thyroid? Your thyroid is a symmetrical, butterfly-shaped gland that wraps around the front of your windpipe. It produces several hormones that are essential to regulating…
Senior Care Blog
8 Holiday Gifts Ideas for Seniors
Holiday shopping for seniors can be a tricky task. Often, older adults are seeking to downsize or don’t have the space for new things. Or they have a lifetime’s worth of things – and don’t have any need for more. Either way, though, you can still find great gift for the older adult in your life. Consider wrapping up one of these options this holiday season. A cozy blanket: Few things make someone feel more at home than getting bundled up in a soft, warm…
10 Ways to Celebrate Thanksgiving at a Nursing Home
For many people, Thanksgiving is a time for gratitude, joy, and good food. But if you or a loved one will be spending this Turkey Day in a care facility, you may be wondering how you can imbue such a sterile environment with the usual holiday spirit. A nursing home may not seem like a very festive place to give thanks, but with a little planning and creativity, you can make this Thanksgiving another to remember. Try one of these 10 tips to liven up…
Proposed Changes to the VA Aid and Attendance Benefit Laws
The Veterans Administration issued Proposed Rules on January 23, 2015, in the Federal Register (Net Worth, Asset Transfers, and Income Exclusions for Needs-Based Benefits), that would impose a penalty for transfers during a look-back period. The VA proposes to define ‘‘fair market value’’ as the price at which an asset would change hands between a willing buyer and willing seller who are under no compulsion to buy or sell and who have reasonable knowledge of relevant facts. However, the VA also intends to include as…
5 Sneaky Costs of Long-Term Care
Planning for long-term care is a tricky proposition. Not only do you have to navigate your many, complex options for funding care, but you have to ask yourself a lot of tough questions. The cost of long-term care can be mind-boggling. Even worse, it can be hard to account for the many unseen costs that you may encounter along the way. When you’re planning for your future long-term care needs, you should consider some of these hidden costs that may sneak up on you. The…
InsureBLOG– Funding Long Term Care: Voila, #5!
Life Care Funding CEO Chris Orestis is interviewed by the InsureBlog about how people are using life insurance policies to pay for senior care by converting their death benefit into a living benefit in the form of a tax-free Long Term Care Benefit Account. To read the full interview, click here http://www.insureblog.blogspot.com/2015/09/funding-long-term-care-voila-5.html Share on FacebookShare on TwitterShare on Google+
9 Factors to Consider before buying Long Term Care Insurance
In this article by Teresa Mears for U.S. News Money, Chris Orestis offers his advice on when and if you should buy a long term care policy. Teresa’s article also discusses what to consider before buying a long term care policy and how to afford it.
A New Tool for VA Benefits Planning
Special guest BLOG by Attorney Victoria Collier // Amidst all the rumblings of the Veterans Administration proposing to change the laws making it harder to qualify for the wartime pension, there is a secret weapon that shouldn’t be affected by the changes at all. Life care funding is an emerging concept wherein a person owns a life insurance policy and sells it to pay for health care. The traditional model, life settlements, paid a person who had a terminal illness a nominal sum to do…
Long-Term Care Costs Can Put A Whammy On Life Savings
In this national news story by Chris Orestis published by Life and Health Advisor, Chris talks about the expensive costs of long term care and the need to access funding options. He talks about the differences between private-pay and Medicaid, and the disadvantages for those that go onto public assistance to pay for their care. One option covered is converting life insurance policies into a Long Term Care Benefit Plan that will allow you to choose any form of senior care you want. To learn…
Life Care Funding Earns Highest Rating From AssistedLivingFacilities.org
Assisted Living Facilities.org, one of the leading long term care websites, gave their highest rating to Life Care Funding as a financial option to pay for senior care services. After extensive research and a grueling interview and due diligence process, Life Care Funding received their prestigious recognition. To learn more, click here: http://news.sys-con.com/node/3409768 and to read the entire rating on AssistedLivingFacilities.org, click here: http://www.assistedlivingfacilities.org/resources/ways-to-pay-for-assisted-living/life-care-funding/ Share on FacebookShare on TwitterShare on Google+
Do you know the ‘Fantastic Four’ corners of a solid exercise plan for healthy Senior Living?
In this Blog Post by Chris Orestis for the Portland Press Herald, Chris talks about the four corners of an exercise plan for seniors to enhance their Senior Living years. Too many seniors stop exercising and it has a negative impact on their quality of life and longevity. Here are a number of exercise tips and strategies to help you get going and to keep going. To read more in the Senior Living Blog, click here: http://contributors.pressherald.com/lifestyle/senior-living/know-fantastic-four-corners-solid-exercise-plan-healthy-senior-living/ Share on FacebookShare on TwitterShare on Google+
Are you a denier or a know-it-all when it comes to long-term care? How family stereotypes emerge when aging loved ones need assistance
In this national press story, Chris Orestis talks about the SIX Stereotypes that family members fall into when handling long term care for a loved one. Which one of these are you? 1) Caretaker 2) Bookkeeper 3) Chauffer 4) Guardian 5) Denier 6) Know-it-All // Read more about each Family Stereotype: http://www.richmondregister.com/community/are-you-a-denier-or-a-know-it-all-when/article_58736a42-191e-11e5-ba16-af0fec959187.html Share on FacebookShare on TwitterShare on Google+
5 Key Takeaways from the 2015 ALFA Conference
In this Blog post by Chris Orestis for A Place for Mom, Chris discusses what he saw and learned at the 25th Annual Meeting of the Assisted Living Federation of America (ALFA). The meeting was a very insightful look into the future of the world of senior care. During this gathering of industry leaders, new initiatives were announced and topics of importance to our nation’s seniors were discussed in great detail. Life Care Funding has long played a leading role in the industry as a senior…
Long Term Care Impacts the Whole Family
In this Blog post by Chris Orestis for the Portland Press Herald, Chris discusses the impact on the entire family of long term care for a loved one. Do you know how to recognize the THREE SIGNS that someone needs long term care? Do you know what an ADL is? Do you know if you have become a caregiver? Do you and your family have a “LTC Action Plan” in place? The need for long term care can sneak up on a family or it can spring…
Seniors and States Both Desperate to Stay Off of Medicaid Look for more Private Pay Options
In this article by Chris Orestis for NAFA, Chris discusses the financial crisis impacting the United States driven by the a growing senior population in need of expensive long term care. Seniors and political leaders are both looking for more private pay options so that people are not forced to go onto tax payer funded Medicaid to cover their costs. When a person goes onto Medicaid they must be below the poverty line and lose their ability to choose what kind of care they want…