Lastly, I’ll cover the most common options that you have for planning for long-term care costs, whether you need the care today or in the future. Regardless of the time frame, it is important to know it is not too late. You most likely have more than one option available to you. As you read through this guide, I want you to ask yourself, “Do I really want to leave my family’s future and hard-earned assets up to chance?” Long-term care planning is absolutely filled with landmines that can really trip up a family because of the many myths and misinformation flying around. You should not base life- changing decisions on a casual conversation with a neighbor, friend or colleague. You need to get the advice of a trusted advisor, like an estate planning and elder law attorney, that can go into detail about your objectives and look at your particular family circumstances. Now, let’s dispel a few long-term care planning myths…
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