Funding long-term care is a huge topic that stymies people. Daphne Davis at Pinnacle Senior Placements says one option that’s overlooked is Aid and Attendance, a benefit paid by Veterans Affairs to veterans and spouses. Qualifications include certain finances and having two ADLs that you need help with. It could provide $1,100 to $1,700 per month. It can take four to six months to get your first check. Sometimes it can help keep parents in their homes. Other options include Medicaid and Long-term Care Insurance. It’s changed a lot recently; for people considering it, you might consider including an inflationary clause rider.

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