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Tag Archives: long-term care

Beware of these 6 myths about long-term care!

6 (Surprising) Myths About Long-Term Care

By Andre O. McDonald |

According to the U.S. Department of Health and Human Services, someone turning age 65 today will have a 70 percent chance of requiring some long-term care (LTC) service and support during the remainder of their life. In the case of women, the typical LTC need will last about 3.7 years compared to men who will… Read More »

The truth about how to protect assets in a second marriage.

How to Protect Assets in a Second Marriage (The Right Way)

By Andre O. McDonald |

When people marry for the second time (or more), losing assets to pay for their new spouse’s serious illness is probably the last thing on their minds when they say “I do.” But that could happen. Current costs for long-term care facilities can run between $70,000 – $150,000 annually. Studies show that 70% of… Read More »

Tips for balancing caregiving with work responsibilities

How to Balance Caregiving with Your Work and Career

By Andre O. McDonald |

Providing care for a senior family member, particularly long-term care, can bring about lost wages and missed opportunities for the caregiver. A report by Genworth entitled Beyond Dollars 2018 shows that although statistically having to miss work to provide care is down 7% from 2015, overall 70% of caregivers still report missing work because of caregiving… Read More »

how to talk to aging parents about tough financial and medical issues

Tips for Discussing Medical and Financial Issues with Your Aging Parents

By Andre O. McDonald |

Your parents are getting on in age, but you don’t have a clear idea if there is a plan in place for their care. It is a difficult topic to broach; no one wants to talk about death and the financial realities that come with aging. Instead of having a proactive conversation with your… Read More »

how to choose the right nursing home for your parent or loved one

How to Choose the Right Nursing Home for Mom or Dad

By Andre O. McDonald |

Figuring out how to choose the right nursing home for your mom, dad or other loved one can be overwhelming. It is an important decision, and should be carefully considered. It’s important for families to take the time to explore nursing home options and to carefully assess the nursing home facilities in order to… Read More »

The importance of including long-term care in your estate plan

Why Factoring Long-Term Care into Your Estate Plan Pays Off

By Andre O. McDonald |

For most people, thinking about estate planning means focusing on what will happen to their money after they pass away. But that misses one pretty significant consideration: the need to plan for long-term care.   The last thing any of us want to contend with when a health issue arises later in life is… Read More »

New Elder Law Resource: Aging.gov

Aging.gov: A New Resource for Older Americans and Their Families

By Andre O. McDonald |

More than 10,000 people turn 65 in the U.S. every day according to Aging.gov (http://www.hhs.gov/aging/), a website launched by the Obama administration devoted to elder law issues. The goal of this website is to act as gateway for older Americans and their families, friends and caregivers to locate information about leading a healthy lifestyle,… Read More »

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For help with estate planning, special needs planning, elder law or Veteran's Pension Planning needs throughout Howard, Montgomery, Prince George’s, Anne Arundel, and Baltimore County; and Baltimore City, contact McDonald Law Firm, LLC.

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McDonald Law Firm, LLC

Columbia Office

10500 Little Patuxent Pkwy, #420
Columbia, MD 21044-3563

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7315 Wisconsin Avenue, Suite 800 West
Bethesda, MD 20814

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