November is Long Term Care Awareness Month.  It is a good time to review your planning and coverage.

What?  You are only in your thirties with young kids?  Great!  Review your parents’ coverage!  Why?  My grandparents went into a nursing home when I was young and spent several years there.  And my parents used most of the money that they had been saving for my college to help pay for it because there was no long term care insurance.  I am still paying off student loans, something my grandparents would have never wanted.  My parents have long term care partially to make sure that my siblings and I do not have to chose between our parents’ care and our kids’ future.