How to Plan Ahead for Long-Term Care



The most effective way to plan for long-term care is to clearly view LTC Planning as an integral component of the financial and estate planning process.  Superior LTC developed a process called "Closing the Gap" to integrate LTC Planning with financial and estate planning. This approach has a proven track record for developing the most appropriate LTC plan for you, based on a logical and emotional analysis of your unique situation.
 
Close the Gap in Your Financial and Estate Plan

We've created a process that will allow you to make a deliberate decision about how you will pay for long-term care expenses. The plan that you develop using this process will be consistent with your financial and personal goals. Your decision will be an informed decision based on the knowledge gained from going through our process. 


Your plan may or may not include long-term care insurance. There are 3 other ways to pay for long-term care:
  •  Family
  •  Personal Assets
  •  Medical (Welfare)

 The Closing the Gap process helps you to think about and answer the following questions:
  • Who will provide my care if I need it? My family, a paid caregiver?
  •  Where will that care take place? At home, in an assisted living facility?
  •  How will I pay for that care? With my savings, with insurance?
By answering these questions ahead of time, you relieve your family from the stress of having to make painful decisions at the time your care is needed. 


There is no charge for using the Closing the Gap Online Module.

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