You have the facts.
Hopefully, you understand the risks and consequences – the financial, emotional, and physical effects on the family.
Most importantly, you have had the discussion about how your family will deal with the reality of a loved one needing care.
How will the costs of care be paid?
An informed decision can only be reached after determining if LTC insurance is appropriate or not as part of your overall long-term care plan. Most people realize that they’ll use some of their money to pay for care; they just don’t want to use all of it.