Tag Archive: spouse

Jan 01

What your state lets you keep, effective 1/1/2017

This is a table that shows the minimum assets and income each state allows nursing-home residents and their spouses to keep.

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Jun 22

Operation Starfish – Are You That One? Women, Please Act NOW!

Are you that one? Do you have children or other loved ones who will suffer if you don’t plan for long-term care? Book a time TODAY as time is almost out to get a policy that doesn’t charge women more.

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Mar 22

Forever and Ever Amen

My last article “Goodbye in Her (or His) Eyes” was a little hard to read as it discussed situations in which a healthy spouse doesn’t stick around when the other spouse needs long-term care…either by choice or by death. Just a few days after it was published, I heard from an agent who has been …

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Jun 29

What Does the Supreme Court’s Decision to Nullify DOMA Mean for Medicaid LTC Benefits?

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?”

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Apr 30

How much does long-term care insurance cost? (rate calculator for sample plan)

Buying long-term care insurance is like buying a car. You pay for the core components like an engine and four wheels with tires on them, then add the options that mean the most to you.

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Dec 17

The Employee Education Presentation

I will do a series of posts on how to conduct the essential long-term care insurance employee education so that employees of all ages apply along with their spouse and eligible family members.  If you can’t wait for all of the posts, you can always grab a copy of my book, Phyllis Shelton’s Worksite Long-Term …

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Jul 22

Long-Term Care Insurance: A Priceless Equation

CNBC allows you to vote on “Would You Buy Long-Term Care Insurance” at this story: http://www.cnbc.com/id/47703131 This article says the premiums are expensive.  I hear that all the time.  Are they expensive? I have to expand the question to those who make that statement. Long-term care insurance premiums are expensive compared to what? Compared to …

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Dec 20

Long-Term Care Insurance Tax Deduction for Greater Than 2% Shareholders of S-Corporations

For those who have wondered how the long-term care insurance self-employed tax deduction works for owners of S-Corporations, this straightforward explanation clears it up.

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