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Long-term care is the assistance you need due to a lenghty illness, disability, or cognitive disorder. You might receive care at home, in your community, ina nursing home, or in another residential setting. The type of care can range from help with routine activities to 24-hour care by skilled medical personnel. learn
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| Most of us plan carefully for our future but fail to consider the possible need for prolonged supervised care at home or in a nursing home. A lingering physical illness, disability, or cognitive impairment could require long-term care. At any age you could find yourself in need of costly long-term care services. |  |
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The national average cost of nursing home care is $50,000 per year, and the average stay is 2 1/2 years. One lengthy period of long-term care could deplete your assets and create a serious financial burden for you and your family. |  |
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Tax Deductions and Long-Term Care learn more.... |
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