An essential component of planning for retirement and old age is building financial resources to pay for long-term care. Yet having enough money is not automatically a guarantee of getting the best care you need when you need it. The biggest problem is availability....
One popular money script is, “I need to leave an inheritance to my kids.” Yet choices that parents make based on this money script can actually result in both failing to leave an inheritance and even costing children money. Here is one way that might happen. My town...