http://goo.gl/AaWVPt
The issue is not always—in fact, not usually—an intra-family feud. Often it’s a nursing home or assisted-living facility or even a publicly funded long-term-care agency that goes after children, grandchildren and other family members to repay outstanding LTC bills. For financial advisors and their clients, this is a wake-up call: Clients not only have to plan for their own future needs but also make sure their parents’ LTC finances are in order.