Long Term Care Planning - Santa Cruz

Protect Your Loved Ones: When most people hear “Long Term Care”, they think “Nursing Home.” The fact is that most extended care for an impaired person takes place in his or her own home, with care often provided initially by his or her own family members. The nursing home is, understandably, the last resort. Providing care for an impaired person can be extremely hard on the caregiver – normally a spouse or adult child(ren). And the burden often grows over time. The reason most people purchase long term care insurance is not because they expect to become impaired – rather, it is to protect their loved ones in the event they do become impaired (due to accident, illness or simply aging) from the potentially devastating physical, emotional and financial impacts that that a prolonged impairment can have on the family. “There are only four kinds of people in the world – those who have been caregivers, those who are caregivers, those who will be caregivers and those who will need caregivers.” -Rosalynn Carter So, Are You Prepared? Half of Americans will need care at some point in their lives. If you were to need help due to an accident, illness or cognitive impairment: Where would you like to receive care? Most people begin with care at home Who will provide care? There are over 40 million family caregivers in the US today. Caregiving is very hard on the caregiver – physically, emotionally and financially. Do you want your adult children to put their lives on hold to help care for you? How will you pay for care? Not everyone needs Long Term Care Insurance. The important thing is to have a plan for how you will deal with an impairment. Let us help you create a plan.