Searching for a nursing home is not easy. You want a facility that will provide the care your elderly loved one needs, but you also want to make certain it fits your budget.
Many people are under the impression that Medicaid is only for poor people. The truth is that Medicaid helps cover costly nursing home care and other forms of long-term care, not only for low-income individuals but for the middle class as well.
The American Health Care Act, with it's proposed cuts to Medicaid, could have a major impact on elderly people's ability to get much-needed care.
A recent study from Caring.com revealed that 58% of adults in America do not have a will or a trust, critical estate planning tools. The study also revealed that the percentage is even higher among people who could benefit from estate planning the most: parents of minor children. A total of 64% of them have no formal estate plan.