I often talk with couples where one spouse needs full time skilled nursing care.  Medicare is pretty good when treating illnesses, but if a patient cannot get well enough to care for themselves, they will be facing the prospect of long-term skilled care.    There are three basic ways to pay for long-term skilled nursing…

I just discussed the issue of reverse mortgages with a client. She has a $425K home with a $325K RM and assumed she did not need a trust.  I explained that for her heirs to receive the equity in her home after she passed away the house would have to be sold within 6 months…