My mom's long-term care has cost almost $400,000. This is after we spent $45,000 converting a guest house on our property for her.

Alison George and her sisters care for their mother with late-stage dementia. Alison George Alison George, 52, manages her mom's costly late-stage dementia care after caring for her late dad. Her parents saved money but lacked long-term care insurance, worsening financial burdens. George's mom moved to a Medicaid facility as savings dwindled, yet costs remain high. This interview is based on a conversation with Alison George, 52, who lives in Raleigh. George cared for her father, who died i...