525 Advisors LLC is an independent company that focuses solely on Long-Term Care Planning. We offer presentations to senior, community, and employee groups. We also work directly with professional groups including CPA’s, attorneys and financial advisors. Using an educational approach, we go over the different options and recent changes that have had a direct impact on how long-term care plans can be funded, including the Pension Protection Act and the State Partnership Plans. Our goal is to show people how they can protect their nest egg and the people they care about most from the financial, emotional and physical costs of an extended health care situation.
In our presentations we cover…
- What is long-term care and what triggers a claim
- What is paid by Long-Term Care insurance and how it is paid
- Different types of plans available including traditional, hybrid and asset based
- Tax advantaged ways to fund a plan using the Pension Protection Act
- How to double the effectiveness of a policy using the State Partnership Plan
- When is the best time and who should look into Long-Term Care planning.
Brian Ott, CLTC, CLA is a Certified Long-Term Care Planning Specialist, and founder of 525 Advisors LLC. As an independent company, 525 Advisors specializes in long-term care planning and works with all the major insurance companies offering various programs. Brian is also a Certified Agent for the 3in4 Need More Association which is a non-profit association formed to provide education and informational resources to raise national awareness for the need to develop a long-term care plan.
Brian has developed an educational approach to helping people put a long-term care plan in place and is well versed in the various types of plans available including; Asset Based, Linked Benefits, Traditional Risk Based and State Partnership Programs. Brian is also well versed on the tax benefits due to recent changes in the Pension Protection Act and how they play a part in setting up a qualified long-term care plan as well as the many different approaches to funding a qualified plan. Brian has earned the CLTC designation which stands for “Certified in Long-Term Care”. CLTC graduates have completed a rigorous multidisciplinary course that focuses on the profession of long-term care planning.