A subject not many want to talk about is long term care insurance and this blog is educational so why not? Some know that most all people today just assume that if they ever should get hurt and need help either when young or when they get older, someone will just be there to help. Of course, most people think the government will help. I always assumed that a program like Medicaid would chip in and pay for my parents should they ever need long term assistance when they were older. The fact is, Medicaid indeed will chip in, but only after all of your parents’ assets are long gone. So it seems that in reality, many people need LTC insurance. Even radio show host and financial wizard Clark Howard suggests Long Term Care Insurance. The really and unfortunate sobering fact is that in today’s world, many of us won’t be able to really afford to pay for long term care for ourselves or our parents in order to leave any kind of an estate. You can see that this is a wide spread myth that needs to be addressed..

There are tons of complications to the question. Things like trying to figure out long term care premium discounts - facts that only a true professional can help with.