Did you know that 70% of those over 65 years old will need some type of long-term care? The very name “long-term care” conjures up many images and emotions. For most of us those images and emotions are not pleasant.
The expense of long-term care has risen greatly over the past several years. You may ask yourself how you can afford it. Prior planning is the best way to address this reality.
Long-term care coverage has changed too. You can get care in your home and by someone you know, if appropriate. There are life insurance programs that will cover long-term care expenses, many times the face value of your life insurance. There are tax saving and Partnership Laws that will keep your assets safe from the government taking them if you have no other insurance. Please remember that Medicare does not pay for Long-Term care.
For more on this, please contact us and we can talk about what is important to you concerning long-term care.
J. R. Cottone & Associates 