Durable Financial Power of Attorney
A financial power of attorney is a legal document giving an individual of your choosing the power to make financial decisions for you, should you become unable to make your...
Legal Documents Needed for Long Term Care Planning
The first step in planning for your long term care is making sure you have all the proper legal documentation put together. Essential to your long term care is a...
Long Term Care Strategy: IRA Money
Most times when you think about an IRA account, you think about retirement. But, some people are now considering IRA-based, long term care policies to plan for their future long...
Asset Based Long Term Care Strategy – Part II
For those that do not want to own life insurance, there are still options available. Some insurance companies offer fixed index annuities with guaranteed income riders that double should you...
Asset Based Long Term Care Strategy
For those people that do not want to invest in long term care insurance, there are other alternatives that may fit better into their lifestyle. Strategically using your assets to...
Life Insurance: Long Term Care Strategy
With the frightening price of long term care insurance making people less likely to invest in their future, insurance companies are finding way to make this care more affordable. One...
Annuity Based Long Term Care and The Pension Protection Act of 2006
Many people are discouraged when it comes to the cost of long term care insurance. A great way to avoid spending a lot of money is to buy an insurance...
Payment Options for Long Term Care Insurance
When looking for long term care insurance, another question you must ask yourself is, “How will I pay my premiums?” Most plans offer different options for you to be able...
Tax Qualified Plans vs. Non Tax Qualified Plans
Two types of standard long term care insurance plans are available. Understanding both types will help you to make the best decision for your circumstances and needs. Tax Qualified Plans:...
Tax Considerations When Choosing a Long Term Care Plan
Some tax advantages are available for tax qualified long term care insurance plans. These tax advantages are meant to be an incentive for people to take personal responsibility for their...
Important Consideration When Choosing a Long Term Care Plan: Discounts
Long Term Care insurance plans can be more expensive than most people would like to pay. Looking for ways to get a discount will help make these plans more affordable....
Important Consideration When Choosing a Long Term Care Plan: Ratings
When you consider purchasing long term care insurance, you should take into account the financial ratings of the company. A Superior plan of care will have an A.M. Best rating...