Now Is The Time To Prepare For The Future; Attorneys Say Long-Term Care Should Be Incorporated Into Estate Planning

When contemplating how they will spend their golden years, few people envision an extended stay in a nursing home.

The sad reality, according to the Indiana Family and Social Services Administration, is that one-third of all Hoosiers who reach age 65 will enter a nursing home at some point in their lives.

Yet few people consider the cost of such care until they are faced with it. By then, it's too late.

The need to create a financial plan to cover the costs of long-term care is greater than ever and will only grow as baby boomers increasingly turn gray, said Claire E Lewis, an Indianapolis elder law attorney.

Now Is The Time To Prepare For The Future; Attorneys Say Long-Term Care Should Be Incorporated Into Estate Planning
Source: Insurance News Net