Topics discussed: 1) likelihood of having a long term care event, 2) some reasons why people decide to buy a long term care policy, 3) types of LTCI plans our client typically choose.
Long term care planning is a critical element of every comprehensive financial plan. Long term care events are a reality of life, and Long Term Care Planning exists to help families preserve their assets, standard of living and independence, while allowing the members of the family to make important choices for the financial, physical and emotional well being of loved ones.
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