The Importance Of Long-term Care Planning

Long-term care is a range of services and support for the elderly to meet their long-term health or personal care needs.

Why plan treatment in advance?

Early planning for long-term care is important because you will likely need some level of long-term care by the time you reach age 65. About 70 percent of those over the age of 65 need certain services, and the likelihood of needing treatment increases with age. You can browse https://www.jonpurnell.co.uk/long-term-planning to get the best long-term care planning services.

long-term care planning

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Planning helps you understand what long-term care options are available in your community, what special conditions may apply to receiving benefits—such as age or other eligibility criteria—how much long-term care services will cost, and what payment options apply.

This information will help give you options when you need long-term care and increase the likelihood that you will have more choice and control over where and how you receive long-term care services.

It is important to plan because the cost of long-term care services often exceeds what the average person can afford from income and other resources.

If you plan, you may be able to save your wealth and income for purposes other than long-term care, including maintaining the quality of life of your spouse or other loved ones.

When planning long-term care, you will most likely be able to pass the property on to your loved ones as you may not be using all of your financial resources to fund long-term care. 

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