KIRKLAND, Wash., July 4, 2011 (SEND2PRESS NEWSWIRE) — LTC Financial Partners, LLC (LTCFP), wants to protect the personal freedom of those who may need long-term care, and their potential caregivers. “On Independence Day, why not plan to secure your future freedom of choice?” says President Craig Smith? LTCFP is one of America’s largest and most experienced long-term care insurance agencies.

According to Craig Smith, many Americans lose their free-ranging lifestyles when a loved one, unprotected by long-term care planning, suddenly needs help with the tasks of daily living. “Suppose your parent, spouse, or child suffers an illness or accident requiring long-term care. You could easily become the default caregiver,” says Smith. “How would that affect your income and your life? Your individual freedom could be seriously compromised.”

In addition, Smith points out, when there’s been no long-term care planning, the independence of those needing care may also be seriously compromised.

The answer, according to Smith, is to plan for long-term care needs well in advance. This may involve setting aside savings to pay for professional care, taking out long-term care insurance, or modifying one’s home to make it easier for a disabled person to move about, dress, cook, or use the bathroom.

“Regular health insurance and Medicare don’t cover most long-term care expenses,” says Smith. “And Medicaid assistance is designed for those without assets.” He also points to a Prudential Financial Inc. survey which found that 74% of consumers age 55 to 65 said they were concerned about needing some kind of long-term care.

LTCFP is a co-founder and sponsor of the “3 in 4 Need More” campaign, run by the 3in4 Association, which seeks to multiply the number of Americans protected by long-term care planning. More information: and .

The idea of linking long-term care independence with the 4th of July originated with Peter Molnar, an LTCFP Partner who observed that “Americans need independence” in spite of long-term care requirements, and that July 4 was the perfect day to recognize this.

Dick Samson, of EraNova Institute for LTC Financial Partners, +1-973-335-3699.