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August 2017 Archives

Three Alternatives To Long-Term Care Insurance

If you think paying a mortgage seems expensive, compare it to the cost of a stay in a nursing home, the median price of which is $6,000. for a private institution. Ideally, everyone would have their own long-term care insurance to help shoulder the burden of these costs. But long-term care insurance is beyond the means of many Americans. Furthermore, the policies are becoming harder to find, as insurers drop such policies in the face of rising costs. 

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  • Richard P. Johnson is Board certified Texas Board of Legal Specialization Estate Planning And Probate
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