What is Long Term Care?

Long Term Care Planning, Medicaid Planning

In my presentations, I stress the importance of preparing for “long term care” needs.  Long term care is not about hospitalization. In fact, it is not really even about medical care.  It is about the inability to provide for one’s basic personal needs, often called...

When the Need for Long Term Care Arises in an Instant

Long Term Care Planning, Medicaid Planning

The need for long term care can last for years. This is true even for residents of nursing homes, the most expensive level of long-term care. According to one study, most nursing home patients will be there for at least a year. In fact, almost 25% will remain patients...

Is Long Term Care Insurance the Best Answer for Me?

Long Term Care Planning, Medicaid Planning

How do you pay for long term care needs? Seventy percent (70%) of seniors will need some form of long term care. Yet Medicare and your health insurance policy will not pay for those costs. Many assume they must pay for long term care (LTC) out of their own funds or...

The Worth of Values vs. Valuables

Long Term Care Planning

Previously I have written about the heartbreak I see in some seniors who feel as if they are nothing more than a source of money or assets to those who they leave behind when they pass. No estate can exceed the blessing of the lives and lessons we learn from those who...

 How Can I Pay for Long Term Care?

Long Term Care Planning

The statistics are intimidating. Seventy percent (70%) of seniors will need some form of long-term care. Neither Medicare nor the typical health insurance policy provides coverage for this need. Yet the costs can reach, or even exceed, ten thousand dollars a month. So...