Paying for long-term care costs is costly. I’ve been providing advice to clients & advisors about the various options to pay for long-term care costs. Back then it was, “Should I or Shouldn’t I purchase coverage to protect against paying the costs myself?”

Today the question is focused on which of the 2 existing strategies provides the most cost-effective way to pay for such coverage.  

In my latest contribution to ‘Accounting Today,’ I describe those options.