Long Term Care Solutions | Certified Financial Planners

Long Term Care Advocacy fromCertified Financial Planner

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Have you ever known someone that needed Long Term Care

Services?

If so, you may know how costly these services can be!

Long Term Care Need


Try to guess what percentage of people over the age of 65 require

Long Term Care Services.

Long Term Care Need


You probably think this service is covered under your health

insurance plan, Obama Care, or Medicare.

It's NOT!

Long Term Care Need


How much do you think Long Term Care Costs?

Long Term Care Need


$70,000 is

Today's CostCosts rise about 10% per year.

Long Term Care Need


So now that you know you will probably need expensive Long

Term Care Services

Long Term Care Need


New laws have been created to help protect citizens from massive

Long Term Care Costs.

2010 Pension Protection Act


Self Insure and pay full price when the expenses occur.

Spend down your assets and qualify for Medicaid.

Buy Traditional Long Term Care Insurance.

Prepay your Long Term Care Services.

Invest in an Annuity with Special LTC Features.

Own Life Insurance with a Long Term Care Rider.

6 Ways To Plan for LTC Expenses


If your like most people who have not planned for the exorbitant costs of Long Term Care Services you will be forced to pay for these future inflated services out of your own pocket.

$70,000 today could mean $140,000 in the future with healthcare costs skyrocketing.

Please Don't Panic! Strong Solutions Are Ahead

Option 1: Self Insure


If you spend down your assets to about $2,000 than your State will pay your Long Term Care expenses.

This can be a great option if you have less than $200,000 in total assets and don't care about leaving assets to heirs.

Option 2: Qualify for Medicaid


If you spend down your assets to almost zero than your State will pay your Long Term Care expenses.

This can be a great option if you have less than $200,000 in total assets and don't care about leaving assets to heirs.



But what happens to your spouse?

As harsh as it may seem, this can be a wise time to get a divorce so the other spouse can keep the remaining assets.



Buying traditional Long Term Care Insurance can be a smart way to cover future expenditures.

You might pay $200-$600 per month, but the price can rise over time.

The price is dependent upon your current age and health.

Option 3: Buy Long Term Care Insurance


You must take a mini medical exam (blood & urine at home) and they will review your past medical records.

The earlier you get the policy the lower the price.

Why not submit an application and review a

free quote?

Option 3: Buy Long Term Care Insurance


Certain new Hybrid Long Term Care Contracts from John Hancock, Genworth and Lincoln Financial allow you to prepay your LTC at pennies on the

dollar.

Option 4: Prepay Your LTC


At age 60 your can prepay Long Term Care Services at about 20 cents on the dollar.

The younger you are the more leverage you receive.

Your prepayment is 100% liquid, cancel anytime and receive a full refund!



If you never use your prepayment it is returned to your beneficiaries at your death plus an extra 50% profit tax-free.

If you do need Long Term Care Services you receive about 4- 5 times leverage on the dollars you place into the contract.



Here's an example for a person age 60:

Prepay $100,000 into a Hybrid LTC contract.

Receive $500,000 of LTC Benefits if needed.

If no LTC is needed, your beneficiaries receive 150,000.

The following information is just an example and an official illustration should be prepared for your unique situation of age and premium.



Prepaying for services is a great way to recoup your premiums so they are not wasted if you never need Long Term Care.

We cannot guarantee that you will get sick, but we can guarantee that

you will pass-on someday; this hybrid policy covers you for both!

Option 4: Prepay Your LTCConclusion


You must only take a phone questionnaire (no blood or urine required).

Why not submit an application see if you

qualify?

Option 4: Prepay Your LTCConclusion


New annuities have special features that

also need to be considered in this area.

Option 5: Annuity with LTC


This new annuity also provides 250% leverage on funds transferred into the contract.

For example, you transfer $100,00 into the contract and receive $250,000 for Long Term Care with tax-free funds.

Unique feature is you can transfer an annuity with large gains and withdraw them tax-free for LTC.

Option 5: Annuity with LTC One America Annuity


Some new Equity Index Annuity contracts have a home health care - doubler feature which will double your income for five years - if you need Long Term Care Services.

This feature has been attracting many seniors that cannot qualify for LTC for health reasons.

No health qualifications whatsoever.

Option 5: Annuity with LTC Health Care Doubler Feature


It's inevitable, nothing and no one lasts forever.

If you can buy life insurance at the right price it is a great, efficient way to pass on a legacy to your heirs or favorite charity.

Certain new policies allow you to withdraw money from your death benefit on a tax-free basis for Long Term Care services.

Option 6: Life Insurance with Long Term Care Rider


One policy will allow you to pull out funds and not submit receipts to the insurance company allowing you to use the funds however you wish.

Structuring the policy correctly is the key to maximizing your benefits.

Option 6: Life Insurance with Long Term Care Rider


To qualify for Long Term Care Service you need a doctor to verify that you

cannot perform two of six Activities of Daily Living.

Qualifying for Long Term Care Coverage


If you need help: Buttoning your shirt or tying your shoes, etc.

Bathing yourself

Feeding yourself

Going to the bathroom

Taking your medications accurately and timely

Qualifying for Long Term Care Coverage


Preparing for the future costs of Long Term Care services is a wise move since 70% of people over the age of 65 will require services.

With new hybrid Long Term Care Policies you can pay for services at pennies on the dollar.

Conclusion


As always, it is important to review ALL your investment options and work with fully

licensed and experienced financial professionals.

Conclusion


If you would like to speak to our advisors or a member of our

nationwide team please schedule your free strategy session by calling

(855) CFP-NOWWOr Register with us

At: http://www.findmeanadvisor.com

Free Strategy Sessions


http://www.findmeanadvisor.com/

Find Me An Advisor™ is dedicated to provide Financial Services in all 50 states.

The information provided represents several highlights of Long Term Care Solutions in general and should not be considered specific to any one contract.

For further illustrations, comments or questions please contact: (855) CFP-NOWW.

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Long Term Care Solutions | Certified Financial Planners

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