The Big Financial Risk facing Pennsylvania Seniors

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Recently I wrote about how death taxes impact Pennsylvania residents and their heirs. The conclusion was that for most of us, federal death taxes are not an issue. And Pennsylvania’s inheritance tax can take a modest bite from our accumulated wealth. [See my recent article Death Taxes For Pennsylvania Residents] For many Pennsylvania seniors a […]

How Much Does Long Term Care Cost?

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Each year Genworth surveys long-term care providers in hundreds of local regions nationwide to determine the cost of various long term care services. This information  can help consumers anticipate and plan to meet the high cost of care in their preferred geographic location and care setting. Genworth recently issued its survey report for 2016. Here are some highlights […]

Long-Term Care Costs Threaten Family Farms

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There is a big threat out there to the survival of family farms. No, it’s not taxes. Not anymore. The threat is the potential loss of farms due to uninsured care costs incurred by aging farm owners. Like many areas of the country, Central and Northeastern Pennsylvania were largely built on the sweat and perseverance […]

Survey lists costs of long-term care in Central and NE PA

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Each year Genworth surveys nearly 15,000 long term care providers in 440 regions nationwide to determine the cost of long-term care in the United States. The resulting details can inform consumers regarding costs and help them plan to be able to receive long-term care in their preferred location and care setting.  This past week Genworth issued its […]