Naked in the Nursing Home

Book excerpt: This is the no-nonsense guide that will give you everything you need to know about how to pay for long-term care for yourself, Mom or Dad without going broke. Naked in the Nursing Home adroitly weaves together both humor and hard-hitting facts to equip you and your elderly parents for the future. This book is authored by a financial advisor who specializes in working with the elderly and their familes, with new information from two of the leading elder law attorneys in the country. This book takes a look at the following critical information:- Defining long-term care in layman's terms- Common myths surrounding long-term care costs and options- How to identify and prevent a family financial crises- Understanding Medicaid and how to use it to your benefit- Alternatives in long-term care insurance and tax benefits- Special benefits for U.S. veterans