Ron Citron, the president of Ron Citron & Associates is our guest blogger this week. A specialist in the field of Long-term Care Insurance, Ron’s blog emphasizes the need to plan in advance. With cost of nursing home care exceeding $100,000.00 per year, it is vital to not only think about but also put in place a concrete plan for one’s long-term health care needs.


Most Americans will need long-term care, including a surprising 40 percent under the age of 65. Without proper planning, these costs will devastate you and your family. As a specialist in estate conservation, I’ve seen the results of little or no planning for an event that will strike over 75 percent of people over the age of 70. Typically, people over 70 will declare bankruptcy when the long term care exceeds six months. Its not surprising with the the average cost of nursing home care exceeding $100,000.00 and the length of stay in a nursing home averaging three years.

One of the solutions to this problem is Long Term Care Insurance. It may not he as expensive as you think. Your cost is based on three factors: age, health and coverage (i.e. amount per day, length of payout and rider(s) such as inflation factors). If you call or write to me I will design a plan that fits your needs and your pocketbook.

Ron Citron, ChFC, CLU, holds licenses with many companies including John Hancock, Genworth, Mutual of Omaha and TransAmerica. He can be reached at (973) 239-0996 or by e-mail at


Benjamin D. Eckman, Esq. concentrates his practice on Elder Law & Estate Planning. Elder law is intended to broadly assist “extended living”. An elder law practitioner provides the legal information necessary for persons whose lives will extend or have already extended beyond the time when all children are usually out of the house and when regular employment ceases. After the elder law attorney and client complete their work, legal documents have been drafted, tax considerations have been analyzed, and a plan to protect the elder’s estate has been implemented.

Benjamin D. Eckman’s practice focuses on Estate Planning & Elder Law – legal issues facing senior citizens. Benjamin D. Eckman received his Bachelor’s Degree in Business/Accounting from Touro College and his law degree from Seton Hall University School of Law. He is a member of the New York State Bar Association, the New Jersey State Bar Association, the National Academy of Elder Law Attorneys, the Elder Law Section and Real Property, Probate and Trust Section of the New Jersey State Bar Association, the Union County Bar Association, Passaic County Bar Association and the Bergen County Bar Association. He can be reached at (973) 709-0909, (908) 206-1000 or (201) 263-9161.