Felinton Elder Law & Estate Planning Centers Founder Mindy Felinton Shares Stats On Long-Term Care
By: Felinton Elder Law & Estate Planning Centers
Delray Beach, FL November 7, 2019: Mindy Felinton, founder of Felinton Elder Law & Estate Planning Centers, has posted a new article on her law firm's website entitled "Statistics Prove The Need To Plan For Long-Term Care." Ms. Felinton encourages readers to take the statistics she offers to heart.
Felinton says, "According to recent government statistics, "Someone turning age 65 today has almost a 70% chance of needing some type of long-term care services and support in their remaining years." She adds, "The fact is that as many as one-third of today's 65-year-olds may never need long-term care support, but 20 percent will need it for longer than 5 years. And, due to the fact that women typically outlive men, they will need care longer than men."
According to Felinton, "When a prospective client comes to me to consider establishing an estate and asset protection plan, I always include long-term health care planning in the equation. Most people tell me they do not want to be a burden on their children as they age." She goes on to add, "However, a majority of people fail to plan appropriately for their prospective long-term health care needs."
The entire article can be read at https://www.felintonlaw.com/
About Mindy Felinton
Mindy assists families with Medicaid planning to help with the cost of nursing home care and with obtaining veteran's benefits to make the cost of care more manageable. She also prepares wills, trusts, powers of attorney, and medical directives. Mindy is passionate about educating both other professionals and the public concerning VA Aid & Attendance benefits, Medicaid benefits, and the use of trusts for the protection of assets. She shares her experience and professional knowledge through free workshops, and as a frequent lecturer at State Bar Conferences.