Special Situations
Caring for an Aging Parent
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Caring for Your Aging Parents
Caring for your aging parents is something you hope you can handle when the time comes, but it's the last thing you want to think about.
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Housing Options for Aging Parents
This table compares in-home care, an assisted-living facility, and a nursing home.
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Housing Options for Older Individuals
When the time comes to evaluate your housing situation, you'll have numerous options available to you.
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How can I pay for nursing home care?
You can pay for it from your own savings (self-insure), buy long-term care insurance, or use government benefits.
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How can I tell if a nursing home provides high-quality care?
There are good nursing homes as well as bad ones.
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How do I talk to my elderly parents about their finances?
Talking to your parents about money is always difficult, especially when the money you're talking about is theirs.
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I paid my mother's real estate taxes last year. Can I deduct this on my tax return?
A real estate tax can be deducted only by the owner of the property upon which the tax is imposed.
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I'm thinking about placing my mother in a nursing home. Will Medicaid pay for her care?
Medicaid may pay for your mother's nursing home care, but only if your mother is both medically and financially eligible for benefits.
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My parents can't manage alone anymore. What should I do?
The problem may not go away or get better, but there are several ways you can deal with it.
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The Sandwich Generation: Juggling Family Responsibilities
You may find yourself having to help your children with college expenses while looking after the needs of your aging parents.
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Tips for Caregivers
Here are some suggestions that may aid your difficult task of caring for a loved one.
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