by Michael Gill | Jan 27, 2023 | Assisted Living, Finances in Senior Living, Memory Care
There is a little-known tax advantage enjoyed by some residents in Senior Living. Specifically, Assisted Living and Memory Care expenses may be tax deductible. This is about the only good news associated with the question of how to pay for long-term care. How much of...
by Michael Gill | Sep 1, 2022 | Finances in Senior Living
Watch our Long Term Care Insurance video here! Long Term Care Insurance, along with Veterans Benefits, are the two primary items I look for when going on the treasure hunt to figure out how someone will pay for Senior Living. Unfortunately, only about 4 percent of...
by Michael Gill | Aug 9, 2022 | Assisted Living, Memory Care, Skilled Nursing
Diabetes is a big deal in Senior Living. When I first got into the Senior Living industry I was stunned to learn how many seniors suffer from diabetes. The statistic is that over 25% of people over 65 live with diabetes. Let’s explore some of the considerations...
by Michael Gill | May 5, 2022 | Assisted Living, Independent Living, Memory Care, Rehabilitation, Senior Living, Skilled Nursing
Alcohol has repercussions for people of all ages. For seniors, alcohol can present unique problems. At some point in one’s elderhood, the body’s tolerance for alcohol changes. The amount a person was accustomed to consuming daily is now more intoxicating, and...
by Michael Gill | Jan 17, 2022 | Hospitalization, Memory Care, Rehabilitation, Senior Living, Skilled Nursing
We find that many families’ first experience with Senior Living comes after a hospitalization and that families don’t know what their options are, or what to expect on this initial part of the journey. Here we’ll discuss where Seniors go for...
by Michael Gill | Dec 14, 2021 | Assisted Living, Independent Living, Memory Care, Respite Care, Senior Living, Skilled Nursing
Respite care is a short-term stay in a Senior Living community. These stays can be from just a few days to as long as a month. There are many circumstances where a respite stay is a sensible solution to a family’s caregiving dilemma. The caregiving dilemma usually...
by Michael Gill | Oct 3, 2021 | Assisted Living, Independent Living, Senior Living
People unfamiliar with the Senior Living industry often think intuitively that “Independent Living” means a house or ordinary apartment building. However, the name was coined to contrast with Assisted Living, as Independent Living has no caregivers hired or managed by...
by Michael Gill | Sep 6, 2021 | Uncategorized
Residential Care Homes or Small Assisted Living communities are a distinct segment within the larger Senior Living industry. These are communities that by regulatory definition have between 4 and 16 residents. They are variously known as Residential Care Homes,...
by Michael Gill | Aug 10, 2021 | Assisted Living
This article explains the Assisted Living segment of the Senior Living industry. While we will tangentially mention both Memory Care and Residential Care Homes in this discussion, they are not the focus here, and we have other articles on each of those market...
by Michael Gill | Jul 8, 2021 | Skilled Nursing
There is often confusion about the term Nursing Home because it is frequently used generically as an all-encompassing term for senior living. But in today’s senior living market, Skilled Nursing Homes have a specific market niche. What follows is an explanation of...
