Dealing with taxes is one of the details that can fall through the cracks during the trying times of sorting out long-term care for an elder. As this article demonstrates, there are many advantages to be gained from keeping up with this aspect of daily affairs. However, the regulations are many and complex and require study and forethought.
English, David M.
"Income Tax Planning for Long-Term Care,"
Marquette Elder's Advisor:
1, Article 11.
Available at: http://scholarship.law.marquette.edu/elders/vol1/iss1/11