When we think "long term," we often consider retirement savings and wealth preservation. But what about long term health? What about long term care?
Long term care is a family matter: Early planning may help you avoid facing tougher decisions down the road. How much care would you (or a loved one) need? How would the care be paid for? Would care at home or care in a facility be preferable?
These are important questions to consider when crafting a long term care insurance plan.