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Ashley has been researching the best resource for estimating long-term care (LTC) services and has found a great website. Genworth, the company that compiles the data, is the leading LTC insurer in the United States. The link below shows the costs for home health care, adult day care, assisted living, & nursing home care for all states & the major regional areas within each state. Most of our clients have opted to self-insure rather than purchase a LTC policy, but it's always helpful to have a comparison & know the cost of services.
Genworth - Cost of Care Calculator
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The following is an article Sandra Clapp, an estate planning attorney in Eagle. We received this as part of a general email list that goes to her clients and fellow professionals. We’re posting this because it deals with the usual needs for revocable trusts; specifically in Idaho. For those living in other states different strategies may be appropriate. Idaho has a very simple process in most cases. As Mike’s known to say “Idaho is a good state to die in.” As most investors are aware it's been a tough beginning to the current year for investors. A client emailed us an article written via USA Today and we thought you would find it interesting. Thanks Andy!
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