Skip to Content
decor image

Category: Finance & Legal

Are there Tax Deductions for Senior Living Expenses?

Every year, as tax season approaches, taxpayers seek to optimize their deductions, minimize their expenses, and either boost their returns or trim their tax payments. For those involved in senior living, certain expenses, such as medical and assisted living costs, can be tax-deductible within specific parameters. However, it’s crucial to recognize that every financial situation...
Read more

7 Ways to Pay for Senior Care

Today’s older adults aren’t wrapping up their life’s journey; they’re seeking a new one. And Leisure Care is here to inspire them to embrace joy and purpose in their lives. For nearly 50 years, we’ve been reimagining and reinventing senior living, making sure older adults have the most fulfilling, rewarding, and productive opportunities possible. One...
Read more

Cost Analysis: In-Home Care & Senior Housing

When it comes to senior care, financial considerations are important and weigh heavily on the minds of seniors and family members seeking care. While both options offer valuable support and assistance, it’s essential to consider not only the immediate costs but also the long-term financial implications and overall quality of care provided. While every person’s...
Read more

Important Differences Between Medicaid and Medicare

Navigating the complexities of healthcare can be daunting, especially when it comes to understanding the differences between Medicaid and Medicare. While both programs are critical components of the United States’ healthcare system, they serve distinct populations and have unique eligibility criteria, benefits, and coverage options. Understanding these differences is essential for individuals and families to...
Read more

What You Need to Know About Long-Term Care Insurance

Nearly 70% of adults over the age of 65 will require some kind of long-term care services in their lifetime. Long-term care costs can be exceedingly expensive. In fact, a 2017 Genworth study found that the national median of an assisted living community in 2017 was $3,750 per month. The national median cost of a...
Read more
Back to top