Spend Down Solution How to Deal With the Financial and Emotional Costs of Long-Term Healthcare

With the average cost of a year's stay in a nursing home now at almost $30.ooo, millions of older Americans run the risk of losing everything they have to the costs of growing old. Ken Doyle, PhD, a financial psychologist on the faculty of the University of Minnesota & a financial planner with a particular interest in the symbolic meaning of money & property, & Larry Houk, JD, a lawyer who specializes in estate & health care planning, have collaborated to produce this unusual book. This book is unusual not only because it spells out in everyday language the steps people can take to protect their money & property but also because it examines the emotional side of these health care plans. In 138 pages of large type that seniors & their families will find easy to read, the book takes a good look at how the different strategies lawyers & financial planners recommend will affect family memebers psychologically. It pays close attention not only to people's money but to what their money means to them.Doyle, Ken is the author of 'Spend Down Solution How to Deal With the Financial and Emotional Costs of Long-Term Healthcare' with ISBN 9780962853401 and ISBN 0962853402.