In April I blogged about the importance of protecting yourself and your family from the full effect of the high costs of long-term care, and I wanted to make this point again because it needs to be repeated. Earlier this month, there was a Wall St. Journal article offering this same advice.  The June 10 articl [...]

I’m often asked by my clients if it’s necessary to have a power of attorney (POA) document as part of their long-term care insurance plan.  My answer is always a resounding yes! A POA is an important legal document that gives a person -- you have choosen -- the power to act on your behalf.  No one li [...]

It is estimated that more than 70% of Americans will need long-term care at some point in their lives. Yet, the average American underestimates the cost of long-term care by almost 50%. Depending on the type of care needed, the cost of long-term care can range from $48,000 to $100,00 or more a year! The need for car [...]