By: Chris Orestis CSA, president of Retirement Genius www.retirementgenius.com Adult children who spent time over the holidays with their aging parents may in some cases have returned home haunted by agonizing questions. Are their parents experiencing...

One huge expense that awaits a large percentage of Americans near the end of their lives is long-term care. Coming up with the money to pay for a nursing home, an assisted living facility, or other such care isn’t always easy. What many seniors and their families don’t realize, though, is that there are tax deductions they can take advantage of that would give them extra money to help with long-term care expenses.