How do I protect the assets that I have accumulated over my lifetime
in case I need long term health care?
Answer: Buying Long Term Care Insurance is one of the best ways to protect your assets. Another way is to consult with an attorney to come up with a gifting strategy to help ensure that your assets go to whom you intended. It’s important to start this planning sooner rather than later. Typically, in your mid 50’s is a good time to start having this conversation with your financial planner.