Florida residents are eligible for free health care and nursing home services if they possess only limited resources. For Florida residents, non-exempt assets must be below $2,000 to qualify. Exempt assets include one’s home, personal belongings, household furnishings, an automobile, irrevocable burial trusts and certain income-producing real estate. Anyone who is incurring substantial health care…

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Seven out of 10 Americans over the age of 65 will need some form of long-term care.* If you are very wealthy, you can probably afford the $41,000 per year for home health care or the $90,000 per year for a semi-private room in a nursing home.** Conversely if you are of modest means, you…

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