More and more "investment advisers" are selling Trusts as vehicles for preventing probate, avoiding taxes and providing for estate management. Approximately 40 million baby boomers soon will require increasingly expensive medical care during a longer life expectancy than their parents. As they become ill with Cancer, Strokes, Alzheimer's Disease, Parkinson's Disease and other debilitating illnesses, that care will in many cases be delivered in a Skilled Nursing Home setting. The average stay at a nursing home...

HOW TO PAY FOR NURSING HOME CARE

Over 70% of the American population will need some form of Nursing Home Care at some point during their life. The average Nursing Home stay can easily cost $7,500 per month. Add a Respirator in order to breathe and the cost could escalate to $25,000 per month. Whether a serious injury or a sudden or progressive illness, few people are prepared to handle the high cost of Nursing Home Care when a loved one is struck with a Catastrophic Illness.

Catastrophic Illnesses...

AVOIDING THE LOSS OF OUTLIERS

What is an outlier? This term refers to a Medicare recipient who has remained in an acute care facility beyond the allotted days anticipated for a particular illness and who has charges in excess of the total DRG reimbursement. This is usually someone who is catastrophically ill, with many needs, such as ventilator respiratory support, dialysis, feeding issues, etc. Who pays for outlier services to an acute care hospital? These services are factored in to a cost...