LONG TERM CARE
PLANNING
Why is planning now for long-term care important?
Long-term care can be extremely expensive, and it is essential to determine how you would fund long-term care should you need it, whether you are self-funding (from your saved assets) or using another program to help fund your care. It is important to assess your financial situation and determine the best ways to reorganize or preserve your assets to increase the probability that you can pay for long-term care in the future.
How can I effectively plan for long-term care?
There are many ways to preserve assets in order to fund long-term care. There are many strategies that can be employed for maximizing use or preservation of available resources. An attorney can assess your particular situation and assist you in reorganizing your assets, while preserving and protecting as many assets as possible.