*Did you know It costs between $500,000 and $1 million to care for an Alzheimer’s patient in a facility.
* Did you know about the high cost at almost $90,000 per year and rising and scarcity of facilities
Long-term care is a major issue that is going to face all of us eventually. Between our clients and our family members, there is little doubt that we will eventually be touched deeply by the tragedy, the sorrow and the cost of this end-of-life occurrence.
We will watch it affect lives physically, emotionally and financially. Many of us make our living advising older clients about how to manage their assets and their financial affairs. Most of these clients will one day deal with long-term care and the cost associated with it. When it comes to long-term care, they will need to be looking to some form of Advisor for the answers to many questions. What you do to prepare for , will affect the quality of life immensely for any family touched by this horrible disease.
If you have not purchased long-term care insurance for yourself and your spouse, do it NOW!! It does not get cheaper as time goes on. Many clients have found out that they waited too long to apply and that they are now Medically uninsurable!! If you have assets to protect get coverage while you are still healthy and insurable. What can we do to help you?
Tags: Long Term Care Insurance, LTC, LTC Planning
