Financial Planning For Long-Term Care
Description
Planning ahead for long-term care needs will mitigate the financial burden on families. Understand the types of care, the cost and considerations when deciding on a suitable and affordable long-term care plan. Find out what are the government schemes and criteria to qualify for government support.
There are 3 parts to this module:
- What is long term care and what are the care options available.
- What is the fee range of these care services and how do the subsidises work?
- What sources of funds are there to finance long term care? How do the government schemes and insurance work? What other private insurance can be considered? Who will manage our finances should we lose mental capacity?
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