Скачать или смотреть Paying for Long-Term Care: Five Things to Consider (Alzheimer's Proof)

My dad, Jim, died of Alzheimer's Disease in 2016. He spent four years in a nursing home prior to his passing.

My mom had to go through a Medicaid "spend down" in order to pay for his care. Her situation is far from unique.

There are really only a handful of ways to pay for long-term care (LTC), should you or your loved one require it. To help get you thinking through some of the issues, in this video, I discuss five factors that are relevant to LTC payment.

5 Factors Pertinent to Paying for Long-Term Care:
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(1) Privately paying for care from your own assets or income.
(2) "Spending down" your assets and qualifying for Medicaid.
(3) Prearranging for assets to be placed in a Medicaid trust.
(4) Using proceeds from a long-term-care insurance policy.
(5) Using riders or death benefits from a life insurance policy.

For more detail, please consult some of my written work, including articles at the following URLs:

https://alzheimersproof.com/protect-y...

https://alzheimersproof.com/plan-ahea...

https://alzheimersproof.com/alzheimer...

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AlzheimersProof.com

Pinterest.com/alzheimersproof

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The information presented in this video is for general or entertainment purposes only. It should not be construed as financial or legal advice. For personalized recommendations, consult competent and licensed professionals in relevant fields.