Blog
06
Sep
Sep
As the discussion about Medicare and Medicaid continues to go on, TIME recently published an article analyzing a huge burden on the Medicaid system: Nursing home expenses. There can be astronomical figures associated with these needs, too:
Experts estimate that about half of all people turning 65 today will need daily help as they age, either at home or in nursing homes. Such long-term care will cost an average of about $91,000 for men and double that for women, because they live longer.
Thankfully, long-term care planning is something any expert estate planning attorney is well-versed in – so don’t hesitate to read the TIME article, then ask us how we can help!