Long Term Planning
Financial Planning Questions for Long-Term Care
Is privately funded care affordable? How does an adult child know if his/her parents can afford their possible need for long-term care?
Below are some questions designed to help adult children get a handle on their parents' finances:
their estate is. This will minimize the chances of petty squabbles erupting over their possessions.
Source: M.P. Dunleavey, a contributing editor at MSN Money (Money.MSN.com)
Web Resources
National Clearinghouse for Long-Term Care Information
A wealth of information and resources to help plan for future long-term care needs, courtesy of the US Dept. of Health and Human Services.
Long-Term Care Link
This comprehensive resource for long-term care planning, available from the National Care Planning Council, offers an assortment of articles to help educate about all aspects of long-term care planning.
Statistics on Long-Term Care
Family Caregiver Alliance compiles national long-term care statistics from multiple studies and sources in this informative fact sheet.