Most advisors and consumers plan for LTC in a three step process.  The first step is to acknowledge that there is a chance an extended health care event could happen to them.  The next step is to estimate a dollar amount that needs to be set aside to pay for such care. 

The third step is to determine how to fund the care plan.  With more and more options, planning can get complicated quickly.  Mind maps can help frame and negotiate the conversation.  Click on the image below to check out an interactive LTC funding mind map that can guide a planning conversation.