WHAT LONG TERM CARE-RELATED ARTICLES ARE ABOUT!
Long Term Care articles deal with anything related to long term care (LTC). Long term care afflicts some 40% of retirees eventually.  Alleviating costs of long term care will do a lot to preserve your assets for your loved ones These articles explain what long term care is, its costs, and ways to handle it. You may see some long term care issues under our Health Exponse category and  both Medicare and Medicaid are generally treated in a separate category too. Look to see what's relevant for you.

LONG TERM CARE-RELATED ARTICLES BELOW

Getting Acquainted with Long Term Care Insurance Option
One complication of ‘Old Age’ is the need for long term care (LTC). You need LTC when you can no longer handle simple daily activities (like dressing, toiletry, moving, eating, etc) by yourself.  Help with your LTC needs can take place at your home, at an assisted living facility, or in a nursing home. Generally, once LTC starts, it’ll continue as long as you live; and it’s costly. One way to handle LTC costs is with LTC insurance...read more

Medicaid May Not Be a Good Option for Your Long Term Care Planning
Yes, Medicaid will pay for your long term care costs – but only if you haven’t the income or assets to pay. But often, people who could pay for their long term care directly or through insurance make themselves eligible for Medicaid by transferring their assets to other family members. For such people, this divestiture of wealth is called ‘Medicaid Planning’. Perhaps this is not the way to go for their personal benefit as well as that of the government’s. Here’s why…read more

2011 and 2012 Deductions and Exclusions for Your Long Term Care Insurance
HIPPA provides for deductibility of qualified long term care (LTC) expenses and excludes from taxable income your qualified long term care benefits. This is provided to you as an incentive to take financial responsibility for your long term care. As you age, you get higher deduction limits for LTC premiums payments you make. This helps retirees. Let's see what the tax advantages are...read more

What’s Long Term Care and what’s it to me?
Know what it’s all about so you can start taking action based on your circumstance. The issues of long term care can be summarized in response to five questions... read more

Tips to Cut Your Long Term Care Insurance Premiums
Long term care (LTC) will affect 3 out of 4 seniors. Paying directly for the LTC costs can be financially devastatingly. If you have very few assets, Medicaid will pick up your LTC costs. Those who have more....read more

Know the 7 Key Parameters of Long Term Care Insurance
Our chance for needing long term care (LTC) increases the longer we live. Directly paying for LTC can easily deplete an average person’s estate leaving a beneficiary with no legacy. You can purchase LTC insurance to protect your legacy. But you must understand if the 7 key parameters of your policy will do the trick for you...read more  

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