Today, more than ever, having a plan for long term care is essential. According to longtermcare.gov almost 70% of people turning age 65 will need long-term care at some point in their lives. Long-term care can mean assistance with any of the activities of daily living like eating, bathing, transportation, etc. while at home or full time care in a skilled nursing facility. Long term care is typically funded by three ways:

  1. Out of pocket (cash, investments, etc.)
  2. Long-term care insurance
  3. Medicaid

We would love to speak with you on how your estate plan covers your long-term care needs.