Thanks for an excellent article with advice that is appropriate for the LGBT community, the single/divorced community, as well as the heterosexual community.
The American public must be educated about the need to plan for a long-term care event- an event that can be financially and emotionall devastating to any family, no matter what it's compostion.
There is one point we think needs to be emphasized: DO NOT GO TO YOUR INSURANCE AGENT FOR GUIDANCE ABOUT LONG-TERM CARE PLANNING! The person you SHOULD speak to is your financial advisor. They are familiar with your financial situation and can help you to choose the right option for you.
Our book, "Long-Term Care Planning: Assuring Choice, Independence, and Financial Security" has been a valuable tool for both financial professionals and their clients in understanding this complicated financial and estate planning issue.
Sincerely,
Eileen Hamm
Vice-President
Superior LTC Planning Services
