When you're talking about 46,000 a year, it eats up whatever inheritance there might be.
More Quotes from Scott Parkin:
Before you sign a contract, you need to make sure that a community is financially secure. You can start by asking for an audited financial statement.Scott Parkin
There are many more options than most people know about. Most people are pretty uninformed about long-term care.
Scott Parkin
People are sitting on a lot of equity. What we're saying is you can use this money to prevent going on Medicaid.
Scott Parkin
I've got two kids and I don't want to burden them with that kind of expense when I'm 75 or 80 or 85. People with houses, stocks, savings, retirement funds, they may want to look at this. That's what drives the middle class to think about long-term-care insurance, to preserve estates.
Scott Parkin
This is a new program, and people are trying to learn about it, and concerns about travel are questions people need to ask. It could be a problem, but we probably won't see this until more people start heading north.
Scott Parkin
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