Studies show that almost half of the individuals in this country require long-term care at some point in their lives. In fact, many couples find themselves in a situation where one spouse requires nursing home care while the other spouse remains in the marital residence.<\/p>\n
With the cost of nursing homes now averaging approximately $9,500 a month for a semi-private room in New Jersey, this situation could be financially catastrophic. Because Medicare covers only an extremely limited amount of nursing home care, the cost of such care can devastate an estate, leave a spouse with inadequate assets to maintain the marital residence, or eliminate the chance of leaving an inheritance to one\u2019s children.<\/p>\n
Moreover, the stress of having a spouse in a facility and paying the bills for such care can ultimately impact the health of the spouse living at home. Those concerned about long-term care owe themselves the opportunity to investigate all (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Studies show that almost half of the individuals in this country require long-term care at some point in their lives. In fact, many couples find themselves in a situation where one spouse requires nursing home care while the other spouse…<\/span><\/p>\n