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Planning often involves reviewing insurance programs that help us manage events that could otherwise have catastrophic financial consequences. One of the most important conversations to have with family members is Long Term Care Planning. As we age, our bodies begin to require certain assistance for us to function. Long term care is assistance provided because of the inability to perform activities of daily living due to an illness, injury, or progressive cognitive impairment. [...]

A properly designed long term care plan may seem small in the grandeur of financial planning, but its’ absence is very real at the time of an event. An unexpected turn of health can cause consequences that one may never financially recover from. Simply put, as you age, your body may require a variety of care options that come at a cost from an accident or a progressive debilitating illness. As you enjoy life today, the thought of an extended care event is not on most radars but you still need to plan if and/or when that event could occur. [...]