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Libby James is co-founder, director and a professional in every plain things merchant services. Libby could be the specialist that is go-to company with an increase of complex demands or organizations being desperate for a provider which will accept them.

Getting Financial Assistance for Caregiving Is perhaps perhaps Not effortless — but it is feasible

Homeownership is the one road to assist

For many people, the biggest supply of untapped funds is the house. The normal home owner between the many years of 55 and 64 had house equity of $120,000, in line with the U.S. Census Bureau.

Those 65 and older had typical house equity of $140,000. Benefit from the purchase of a house is tax-free for a solitary home owner, as much as $250,000; for the married couple who file a joint return, it is $500,000.

Then selling the home is an ideal way to raise money if the only real option for a loved one who's receiving care is an assisted living residence or nursing home.