Elder Care Law – What is Life Care Planning?
Preparing for the possible costs of future impairment and long-term care is, regrettably, a task that everyone faces as they age. You may never need long-term care. This year, about 9 million men and women over age 65 will need long-term care. By 2020, 12 million older Americans will need long-term care. Four out of five older adults have a chronic condition. Losses in a person’s ability to function day to day are a natural part of the aging process, and those losses become more severe as people get older. When the elder’s needs for long-term care can no longer be met either inside the home or without the intervention of paid providers, the elder enters what I call the long-term care maze. The elder, and the elder’s family, are now embarking on an arduous journey through murky waters.
