As baby boomers age and average life expectancies climb, many financial advisors are finding they need to address elder care in their client conversations. One of the most important adviser-client discussions should be about how possible long-term
As baby boomers age and average life expectancies climb, many financial advisers are finding they need to address elder care in their client conversations. One of the most important adviser-client discussions should be about how possible long-term care expenses will be covered. Bernard Krooks, founding partner of the law firm Littman Krooks LLP and chair of its Elder Law and Special Needs Department, explains what long-term care is, how it can be covered, and why it’s important for clients to have an advance directive.
The Take 15 Series is a series of short interviews with leading practitioners on timely topics focused on the investment profession.