Most of our clients are Baby Boomer age and older. During the initial interview with my clients, I always ask how they plan to pay for their long term care, and whether they have long term care insurance. It seems that most people do not have long term care insurance. Many of my clients have looked into it, but have decided against it because of various reasons. Some feel that the cost is too high, or they don’t like the idea that if you don’t use it, you lose most of it. Also, some of my clients have been denied coverage because of their age, health issues, or both.
There are some interesting options that most people have never heard of, that are still available to my Baby Boomer and older clients, who are still in reasonably good health, for long term care coverage. I will share those options to you in a subsequent blog.
For additional information, you can contact your elder law attorney Michael J. Young. This information is not to be taken as legal advice, and you are encouraged to see your elder law attorney. At the law offices of Michael J. Young, 1931 San Miguel Dr., Ste. 220, Walnut Creek, CA http://www.WalnutCreekElderLaw.com, 925-256-0298,lawyoung1@gmail.com, we practice elder law and we help Baby Boomers, Seniors and families through their Elder Care Journey. We help families with long term care planning, asset protection plans, special needs trusts, comprehensive estate planning, wills, trusts and powers of attorney. We also help Baby Boomers and families get their “Ducks in a Row” in order to help them qualify for Medi-Cal and the VA Aid & Attendance Improved Pension Benefit.