Planning for extended care takes time and dialogue.
We recommend you look at and consider long-term care insurance because if you or a loved one needs extended care, the family is compromised. Caregiving becomes all consuming. Extended caregiving is a life-changing event. Family relationships become strained. While everyone makes efforts for a loved one to receive care at home, if an assisted living facility or nursing home becomes imminent, the income reallocated to pay for care can easily prevent the family from meeting other financial obligations. Assets do not pay for care. Income pays for care. How much of your income is committed to your fixed expenses? Which of your expenses are discretionary if an unexpected event happens in your life? We help you put a plan in place to keep you safe and at home.