If you have a trust that is being actively maintained by an attorney at least once a year for changes in the law, then you may not need long term care insurance. However, if your trust is not being actively managed, then it may be ineffective when the time comes to use its benefits.
Those with a committed plan through Medicaid may also not need additional long term care insurance, however, be aware of the limitations and options provided by Medicaid’s long term care options.