• One out of every two people age 65 and older will require long term care (US News and World Report, January 31, 1995)
• 7 out of 10 couples reaching age 65 can expect for at least one partner to be confined to a nursing home (Wall Street Journal, April 23, 1990)
• The average stay in a nursing home is about a year and a half-- more for women
• The average cost of a year in a nursing home is $48,000! The cost is going up at about 5% each year!
  

A catastrophe like that can leave most families as paupers. Parents lose everything-- their homes, their savings. Adult children lose their inheritances. Medicare won't pay for extended care like that. Go on state Medicaid and let the state pay for it? The states won't accept you until you divest yourself of most everything you own.

Many people have set up so called "living trusts," believing that they've protected themselves. But author Harley Gordon says that's often not the case. The lawyers who set up the trusts have done a disservice because they don't know elder care law.

The author is a nationally-known elder law attorney. He also explains the ongoing changes in Medicaid law and developing strategies to cope with these changes.

This is an extremely important issue for aging parents and their adult children. This book can be worth many thousands of dollars in savings and quality of life for everyone involved.