This website is for consumers who don’t have a local insurance professional to answer their questions about long-term care insurance.
People worry more about being a burden on their kids when it comes to long-term care than they do about the exorbitant financial cost of extended health care.
Without a plan, millions of daughters will be thrust into providing care for an aging parent, at great emotional, mental and physical cost, a much greater toll than financial.
Traditional long-term care insurance isn’t the answer for everyone. I’ve been helping people up to age 85 with the five concerns listed in this article by helping them acquire a lifetime income they can’t outlive, that doubles for up to five years if they need long-term care.
There are no guarantees in life. I just heard from a grateful client who is so glad her husband bought LTC insurance.
It’s imperative that we continue to look for alternate ways to manage the long-term care (LTC) risk, and that’s how I’ve been spending much of my time. For example, I’m looking at a number of annuities that provide long-term care
Mary and Valerie have a lot in common as they are both caregivers. Mary’s Aunt Julia has long-term care insurance, whereas Valerie’s mother does not. Does it make a difference? Have you considered long-term care insurance to protect your family from the impact on Valerie’s life?
Publicity around the Supreme Court’s decision to nullify the Defense of Marriage Act on June 26, 2013 has centered around the ability to file joint tax returns and collect survivor social security benefits. My first reaction was “What about the ability to take advantage of the spousal impoverishment benefits under Medicaid?”