Since the passage of the Deficit Reduction Act of 2005 and the creation of LTC Partnership programs in over 40 states, many elder law attorneys now recommend protecting your assets with a long-term care partnership policy.
Here’s a link to brief article where he a North Carolina elder law attorney lists 3 reasons why it makes sense to buy an LTC insurance policy sooner, rather than later:
P.S. Another elder law attorney, with over 30 years of experience, advocates for LTC insurance. Here’s a link to his brief commentary on long-term care insurance: