by Thomas D. Begley, Jr., Esquire, CELA INTRODUCTION Studies show that 43% of Americans will spend some time in a nursing home. Seventy percent will require some form of long-term care be it nursing home, assisted living or home care. The cost of this care can range from $20 - $25 per hour or more for home care to $12,000 per month for nursing home care. Those with assets are expected to use those assets to pay for their own care, unless they have long-term care insurance. If a single person applies for Medicaid to pay for this care, the [...]
