We are truly blessed to live in an era when individuals live well into their 80s and 90s. It is therefore important to plan for the appropriate level of care that you and/or your loved ones may need during the later stages of life.
Unfortunately, long-term care costs can be daunting. One year in a nursing home can easily cost more than $100,000. Accordingly, one of the biggest decisions you will need to make is how to pay for such care and how to evaluate and select the appropriate level of care if and when the time comes. Depending upon your circumstances, we can assist you in evaluating your options including whether long-term care insurance is right for you.
Many of our clients request our assistance with planning for their elderly parents and loved ones. We frequently work with elder care professionals who specialize in helping you select an appropriate care level and who can work within complicated rules to achieve an optimal solution.