How long-term care planning can help your loved ones
Making plans for your care later in life is a valuable gift you can give your family.
Since our practice was established in 1991, we have grown with our clients through the aging process. Long-term care planning, which may include Medicaid planning and/or long-term care insurance, has been an integral part of our practice for many years.
Meeting with your family, if needed, can be done regardless of where your loved ones live. We will guide you through the following steps with education, guidance and implement a plan that will give you peace of mind.
Step 1: Gauge the likelihood of needing care.
Step 2: Get your arms around the costs.
Step 3: Assess available resources.
Step 4: Create a long-term-care fund: How much, where, and what.
Step 5: If insuring is the answer, investigate whether a stand-alone or hybrid policy makes sense.
Step 6: If government-funded care is part of the solution, think through the ramifications.