1. Where Do You Want Your Money To Go?

    One of the ongoing issues we see people struggle with is whether they have enough money to fund their own long-term care plan. It has been an ongoing claim from many advisors that if you have enough money, whatever that number is, you can simply pay for your own care and not worry about an insurance policy. But the real question should be, where do you want your money to go? Consider, every dolla…Read More

  2. Room For One In The Life Boat

    What happens if you are in a situation where you or your spouse or partner can’t qualify for long-term care insurance? Often time’s couples will step back from the process and not get any insurance which is a dangerous move. The approach that should be taken is to make sure the healthy spouse has a very meaningful plan offering more coverage for an extended amount of time.  Consider this.  I…Read More

  3. Why Setting Aside Assets Is Not the Answer

    Personally, I have met with dozens of advisors including attorneys, CPA’s, financial advisors (fiduciaries) as well as clients themselves who believe the best way to pay for long-term care is to set assets aside and self insure. Not only is this advice misguided, it is the least efficient and most costly way to pay for a long-term care situation. So why do so many people believe this is a sound …Read More