the main ways to pay for long-term care

are getting a long-term care insurance

policy so

these can be stand-alone insurance

policies like a standard life insurance

policy they can also have a life

insurance policy that carries what’s

called a long-term care rider

so you have your regular insurance

policy that applies upon death and

there’s an attachment to it that would

cover you

for your long-term care if you end up in

a nursing home or a long-term care

facility

for your long-term care expenses problem

is is usually this is not enough most

people can’t afford

the ridiculous amount of

expenses that come with long-term care

so usually it’s a tool that we use in

conjunction

with their asset protection plan so that

way we are still able to create their

trust

and they’re able to put their ltc

policies in place

as long as they’re under 72.