My Mother Needs Long-Term Care Help And Has Little Money, Can We Protect Some Of It?
I am sorry to hear of your mother’s situation. There are many people caught in similar circumstances. Long-Term Care (LTC) is expensive and many people are unprepared when the need (often suddenly) arises. There are three ways to pay for LTC; money, Medicaid, and insurance. Let’s stat with Medicare. Medicare is health insurance. It will […]
New Long-Term Care Insurance Products That May Not Do What They Promise
Many agents are excited about the new LTC insurance products based on getting a percentage of a life insurance benefit to be used when LTC is needed. They mock the “use or lose it” line while most of their products do exactly that. First let’s look at the use it or lose it concern. Many […]
