One of the most important reasons to include nursing home planning in your comprehensive estate plan is the cost of that care. As of 2017, the average cost of a month in long-term care in North Dakota was over $10,000. Experts tell us that in 20 years that figure will increase to almost $20,000 a month. With an average length of stay of three years, it is easy to see how the cost of nursing home care can deplete a retirement nest egg if those expenses must come out of pocket.
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