A lot has been written about using Long Term Care insurance to protect retirement planning and finances. But don’t lose sight of LTCi’s ability to protect family relationships by avoiding the physical, financial and emotional stress that can accompany caregiving.

Adult Children typically have their own family and career obligations. Adding the role of caregiver to an already hectic day can be a recipe for disaster. So understanding the value of long-term care insurance now is crucial.

A well designed LTC policy will allow kids to keep their promise to take care of their parents. Involving the adult children in the LTCi conversation introduces the cost associated with kids caring for a parent. A single question about which child could afford to stop working to become a full-time caregiver often dismisses concerns about coverage costs on the spot. Hiring professional help ensures parents get the care they need even when the kids can’t be there.