In the News

Title

Filial Support Laws: “A Sleeping Giant”

Document Type

Article

Publication Date

11-29-2017

Abstract

For those with clients who refuse to acknowledge the importance of planning for long-term health care in retirement, read on.

The current median monthly cost for nursing home care in the United States runs between $7,000 and $8,200, so every retirement plan should include a provision for funding long-term care, whether through savings, investments, long-term care insurance (LTCI), or family support.

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