There are few things that are more frustrating than realizing that you could have taken advantage of a money making (or money saving) opportunity after it was too late. This is one of the reasons why it is a good idea to retain the services of an elder law attorney. These legal specialists are deeply immersed in all of the issues that are relevant to seniors every day of the week for decades on end, and they know every nook and cranny of the system. They are also up-to-date as changes to the laws take place, and this kind of expertise is invaluable to you when you are planning for all of the eventualities of aging.
One of the matters that is getting a lot of attention in elder law circles these days is that of long-term care. Given the high and constantly rising costs you really have to take advantage of all of the resources that are available to you. With this in mind, if you have served honorably in the United States armed forces you may be entitled to an often overlooked benefit called the Veterans Aid & Attendance Pension.
Veterans A & A is available to qualified veterans who need assistance taking care of their day to day needs, things like dressing, eating, personal grooming, etc. To meet the length of service requirement you must have served at least ninety days on active duty with a minimum of one of these days served during a time of war.
If you qualify as a single veteran you can receive a maximum of $1,632 per month (as of this writing). This amount is not going to cover a stay in a nursing home in its entirety, but it would certainly help. And if you simply need in-home care, the Veterans Aid and Attendance Pension may well be enough to cover it in full depending on the extent of the assistance you need.