Protection From:
Long-Term Care Expenses
Ask yourself the following questions:
1) Do you have auto insurance? We are sure you do.
2) If you own a home, do you have homeowner’s insurance? We are sure you do.
3) Is it more likely that you will have a major auto accident or homeowner’s claims during your life or need long-term care help in retirement? If you’ve read any of the statistics about long-term care, you know that over 50% of the American public sometime during their lives will spend more than six (6) months in an assisted living or “nursing” home. Our guess is that well over 50% of the people reading this have had a loved one in a nursing or assisted living home for an extended period of time.
4) How do you people generally pay for their long-term care expenses? Out of pocket after tax (meaning you dip into your savings to pay for it).
5) Do you have long term care insurance? Most readers will say no. Why not? Why do Americans insure their homes and automobiles and do not insure against long-term care expenses?
We believe there are a few reasons.
1) Americans do not want to deal with an expense that they think is 5-10-20+ years down the road.
2) To insure your long-term care expenses can sometimes be expensive.
3) One of the biggest reasons is because most advisors know very little about “long-term care insurance” which is used to protect clients from this nearly guaranteed expense.
When working with a “G” (global) rated APS™ advisor, you know that you are working with someone who knows how to help you protect against a creditor who will probably be your biggest creditor in retirement, i.e., long term care costs.
Would you like to fund for your long term care expenses today when the cost will be much less than waiting until you start incurring the usually very large expenses?
Would you like to fund for your long-term care expense in a tax favorable manner?
Would you like what we call “free” long-term care insurance? Most would say yes.
Would you like to pay for the inevitable long-term care expenses today through a business in a 100% tax deductible manner where the benefit will come back to you income-tax free in retirement when the expenses will be most significant?
There are multiple tools you can use to fund for your long-term care expenses.
When working with a “G” (global) rated APS™ advisor, you know that you are working with someone who knows how to help you protect against a creditor who will probably be your biggest creditor in retirement, i.e., long term care costs.
Would you like to fund for your long term care expenses today when the cost will be much less than waiting until you start incurring the usually very large expenses?
Would you like to fund for your long-term care expense in a tax favorable manner?
Would you like what we call “free” long-term are insurance? Most would say yes.
There are multiple tools you can use to fund for your long-term care expenses.
We recommend that you contact an APS™ “G” rated advisor to assess your risk and options to mitigate the damage your estate could sustain if you do not plan properly.
If you have any questions, you can also contact the APS™ at Email Us“>Email Us