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Can You Keep Your Family Money Safe with Long-Term Care Insurance?

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We want to talk to you about something called "long-term care insurance" and how it can help keep your family's money safe.


Imagine you have a piggy bank where you keep all your money. Now, think about what would happen if you needed to go to the doctor for a long time because you got very sick or very old. That would cost a lot of money, right? So much money that it could empty your piggy bank! And, what if your Medicare insurance couldn’t help you pay for it?


Here's where long-term care insurance comes into the picture. It's like a superhero for your piggy bank. It helps pay for the cost of doctors and nurses and caregivers when someone needs a lot of care for a long time, without taking all the money from the piggy bank. After all, you probably want to leave that money to your family. Let us answer a few key questions on just why long-term care insurance is important:


  • It saves money. Even though buying long-term care insurance costs some money now, it can save a lot more money later. Taking care of someone for a long time can be very, very expensive. We're talking about hundreds of thousands of dollars. Long-term care insurance can help cover those costs so your family's piggy bank doesn't get emptied.

  • It gives your family time to plan. When someone needs lots of care suddenly, it can be a scary time for families. They have to figure out how to pay for everything quickly. But, if you have long-term care insurance, your family can take a deep breath and have more time to make plans. They can figure out the best way to keep the family's money safe and make sure everyone is taken care of.

  • It helps protect your family's future. Everyone has dreams about what they want to leave behind for their kids or grandkids, like a house, some money, or special things that mean a lot to them. Long-term care insurance helps make sure there's still a piggy bank left to pass on to your family, so you can help them even after you're gone.


In fact, having long-term care insurance is a bit like wearing a helmet when you ride a bike. You hope you never need it, but if you fall, you'll be really glad you have it. It helps protect your family's money, gives everyone peace of mind, and lets you leave behind a legacy just the way you want.



Talking to your family and your elder law attorney about getting long-term care insurance could be one of the smartest things you do. It's all about making sure your family's piggy bank stays as full as possible, no matter what happens. Remember, every family is different, so it's a good idea to talk to someone, including your lawyer, who knows a lot about this stuff. They can help you figure out what's best for you and your family's piggy bank!


We hope you found this easy to understand and helpful. Take care of your piggy banks, and don't forget to wear your helmet! We aim to help you feel secure about these things with good estate and long-term care planning. Get in touch with us to chat more about this!

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