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Do your know someone who required or will soon require long term care?

“After age 65, Americans have more than a 70% chance of needing some form of long-term care.”
-American Society on Aging 5/23/2003

“An estimated 12.1 million Americans need assistance from others to carry out everyday activities.”
- As noted on Caregiver.org

Recent Articles: Family Finances: Never too early to take close

Family Finances: Never too early to take close look at long-term care

Monday, June 30, 2003
Alan Lavine and Gail Liberman
The Post-Gazette
www.post-gazette.com

“Unfortunately, we don't have nationalized long-term health care. So unless you take precautions, you could be taken to the poor house if you wind up in a nursing home. Persons with more than $100,000 in assets, but less than $1 million, he says, might consider asset protection techniques to help qualify for government benefits. These techniques, may involve such things as trusts, gifts or loans, based on what is permitted under state laws…”

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