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12min chapter
Navigating Elder Care: Trusts, Estates, and Family Dynamics with Harry Margolis
Economics Matters with Laurence Kotlikoff
Navigating the Complex World of Long-Term Care Insurance and Financial Planning for Elder Care
This chapter delves into the evolution of long-term care insurance policies, highlighting past unsustainable models and the emergence of more realistic, albeit expensive, alternatives. It also explores continuing care retirement communities, discussing the range of living arrangements and financial structures involved. The narrative further examines the challenges of financing elder care based on income levels, Medicaid asset limits, and the complexities of advanced planning for financial security amidst the decision-making dilemmas.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode