Many parents expect their kids to take care of them when they get old. The kids have no plans to do so. Many kids think they’ll receive a fat inheritance when their parents die. The parents will spend every penny to stay alive with some quality of life. And it’s here that long term care insurance becomes important. With a great number of friends assisting aging parents, this topic has landed on high on my radar.
Also, a commentary from friend of show David Webb on a recent disheartening trip he took to New Orleans.