Are you prepared for the possibility of needing long-term care at some point?

Have you considered the effect long-term care costs will have onyour assets and estate?

Many people are surprised to find that Medicare only covers part of the costs of long-term care, and with costs of up to $5,000 per month or more, even a stay of a few months can have a devastating impact on their financial situation. This problem is compounded if a healthy spouse needs the use of these assets (especially the home). Unfortunately, the spend down of family assets and the eventual use of Medicaid becomes the end result. The problem is it requires that you have virtually no assets to qualify. This is the sad reality for many people. There are, however, solutions that may enable you to protect your savings & assets from the costly expense of Long-Term Care. Planning early is critical!