Details Matter When It Comes to Dealing With Long-Term Care Insurers

Let’s face it- we all have our strengths and weaknesses. Some of us are more detailed orientated than others. Most of the time, we can scrape by not having to pay attention to seemingly minute details but other times the price you may pay for letting the little things slide could be steep just as […]

Long-Term Care Insurance Premium Deductibility Limits for 2019

Premiums for “qualified” long-term care insurance policies (explained in further detail below) are tax-deductible to the extent that they, along with other unreimbursed medical expenses (including Medicare premiums), exceed 7.5 percent* of the insured’s adjusted gross income.  What are the limits to this and what constitutes a “qualified” policy? Keep reading to find out more. […]

Discussing Long-Term Care Planning With Aging Parents

Trying to start the discussion of long-term care planning with your aging parents can be difficult for everyone even if they have the best of relationships. Generally speaking, the conversation is better started in a familiar place such as the parents home. Transparency among the children is always preferable as long as it is in […]

The Importance of Planning for Long Term Care

No one wants to think so far ahead to when they may need assistance later in life. The need for long-term care planning is more important than ever because people are living longer. The high cost of care coupled with the possible absence of family members available to provide the type of care needed means […]