Source: http://blog.virginiaelderlaw.com/2012/10/planning-for-long-term-care-part-1-3/
Timestamp: 2013-05-24 11:44:25
Document Index: 423681012

Matched Legal Cases: ['art 1', 'art 1', 'art 1', 'art 3', 'art 4', 'art 2', 'art 2']

Planning for Long-Term Care (Part 1) | About The Farr Law Firm
Planning for Long-Term Care (Part 1)	Posted on Oct 9, 2012Written by Evan Farr	2 Are you one of the millions of Americans over age 50 who has not yet started planning for long-term care? As financially responsible adults, most of us are prepared for some unexpected disasters – we pay for health and property damage insurance, and many of us have taken some steps toward funding for our retirement. But very few of us have prepared for one of the most devastating of unexpected events – the need for long-term care. According to most estimates, more than 60% of us will need long-term care at some point in our lives. If you are a member of the “sandwich generation” – responsible for an older parent – the odds that either you or your aging parent will need such care are even higher, and the costs to your lifestyle, finances, and security can be catastrophic. Consider the following long-term care statistics:
Published under: Advance Care Plan, Advance Medical Directive, Age In Place, Aging, Alzheimer's Planning, Asset Protection, Assisted Living, CCRC, Custodial Care, Disability Planning, Elder Care, Elder Law Blogs & News, Estate Planning, Family Caregivers, Geriatrics, Health Care, Home Health Care, Hospice Care, Incapacity Planning, Income Only Trust, Independent Living, Irrevocable Trust, Life Estates, Living Trust, Living Trust Plus, Long-term Care, Long-term Care Directive, Long-Term Care Insurance, Medicaid eligibility, Medicaid Planning, Medicare, Nursing Home, Power of Attorney, Residential Options, Retirement Communities, Reverse Mortgage, Senior Care, Uncategorized, Veterans Aid & Attendance	2 comments on “Planning for Long-Term Care (Part 1)”	Pingback: Planning for Long-Term Care (Part 3) « Evan Farr's Estate Planning and Elder Law Blog
Pingback: Planning for Long-Term Care (Part 4) « Evan Farr's Estate Planning and Elder Law Blog
Comment	You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong> Sign Up for our Educational Newsletter! Get FREE access for our hot newsletter - Don't worry, we won't spam your inbox!	← Living Trust Plus™ Asset Protection Trust Video Series
Planning for Long-Term Care (Part 2) →
Featured In..	National BlogA Will or a Revocable Living Trust? -- Five Questions to Ask YourselfConsumer Reports Probes DIY Estate PlanningWhat Does "Per Stirpes" Mean?	Recent Posts	Part 2- “Estate Planning Today” Series: Should I include these things as part of my Estate Plan?
Ask the Expert: Does Medicaid Cover Prepaid Funerals?
“Estate Planning Today” Series: Should I include these things as part of my Estate Plan?
Topics	Advance Care Plan