Financing In-Home and Long-Term Care Needs [Episode 124]
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Attorney-CPA Joe Cordell and co-host Jill Enders discuss the financial aspect of planning for in-home and long-term care, on this episode of ElderTalk with Joe Cordell. They highlight a survey by Genworth Financial regarding the cost of care, and Joe and Jill dive into the numbers, which breakdown by state.
The survey details the monthly costs of in-home care, community and assisted living, and nursing home facilities, and Joe and Jill dive into how each type of care interacts with qualifying for Medicaid, which can allow you to qualify for the care you need.
Joe and Jill talk about familial and emotional impact of having professionals assist in the needs of seniors. They discuss how recommendations for health care professionals and companies can be beneficial in the decision-making process.
Then Joe and Jill are joined by online editor and “roving reporter” Dan Pearce to discuss the issues surrounding the estate of Oscar nominated writer and director John Singleton. They detail his death, his mother’s conservatorship and executorship, his will, his children, and more.