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Regardless of what survey you read or what poll you listen to one thing is very clear,  people  today are living longer, largely a result of modern pharmacology’s ability to convert an acute illness into a chronic illness.  As a result they will now require  many additional months and years of custodial or skilled care  costing additional billions of dollars .  However despite the fact that  over 50% of our adult population   according to the American Medical Association will require some  sort of long term care , lasting on average 3 years , less than 8% of the population has thus far purchased a traditional Long term Care  insurance product..

Make no mistake about it as people live longer there will be an ever increasing  need for  more custodial , intermediate and skilled  care required by  our aging population. However what seemed to stand  in most  

I wanted to inform you of an important concept that our readers should be aware  of. As a certified financial planner concentrating in the Eldercare marketplace Ive always advocated that a Parent should be actively involved in the process of choosing  a preferred method of care if and when it became necessary for him /  

Several years ago a well known  Financial Author  asked me to write a chapter for her book containing what I  thought was my best and most clever use of life Insurance that her readers would find unique and of  

Whether Youre A Corporate Executive, Business Owner  Or A Professional, The Chances Of You Or Your Key men Or Partners Suffering A Significant Loss Of Income Due To A Disability Are Staggeringly High.

The Deficit Reduction Act of 2005 uses the vehicle chosen to impose the most regressive changes to the Medicaid program since its creation in 1965, as a part of what President Johnson called “The Great Society”.  Medicaid grew to be the major provider of long term care for our aged, blind and disabled.

The time has come for a new addition to the traditional estate planning process, I’ll call it  “The Family Meeting.”  Since talking about the things we don’t want to talk about can be extremely difficult, it unfortunately most times just doesn’t get done.  However, this “Family Meeting” can become one of the most important and pivotal things we can do for and with our children and grandchildren.