People in Michigan are getting older. Americans, in general, are starting to reach retirement age in much larger numbers. 'Baby Boomers' are more often finding themselves in need of long-term care. It is important to understand what long-term care looks like, and what it costs, in order to prepare yourself and your family for the realities ahead. Many people are finding themselves unable to stay in their homes on their own. Therefore, they rely on long-term care facilities or other help in order to live as normal a life as possible.
Long-term care planning is an important part of estate planning. People need to understand how their assets will be used as they grow older. If people do not anticipate long-term care, they may find they do not have enough assets to take care of themselves.