This hour, elder law attorney Jim Koewler at the Koewler Law Firm provides us with a guide to help people who are worried about long term care costs in the future. There are three basic strategies: do nothing, buy insurance, or give away assets. In this segment, Jim goes in further detail about buying insurance. There are two approaches: the “traditional” long term care insurance, and having long term care insurance tied to an asset investment. A PowerPoint presentation accompanies this segment — watch this segment on YouTube’s Answers For Elders channel.
