What is Long-Term Care?

As Americans age, many are concerned about the potential physical, financial or emotional burden on the people they love most should a health event require extended care.  When that care is required due to limited Activities of Daily Living or ADLs (bathing, dressing, eating, continence, toileting and transferring), or a Cognitive Impairment, that is what is known as Long-Term Care (LTC).

Most of your clients are not prepared for this need and haven't addressed it in their planning' and even fewer families are prepared to become caregivers.  A LTC plan will help clients pay for the expenses associated with care at home or in a facility when they are unable to perform their ADLs.

Regardless of your advisory role, it's important to recognize that LTC should be addressed in your clients' planning; as a component of their comprehensive Estate, Financial, Retirement and Risk Management planning.

INERTIA is prepared to help when you are ready to implement that planning!