Feb

26

Government tax incentives for the purchase of long term care insurance

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If you’re talking with someone about the consequences of long term care, make sure you mention the tax deductions available to them for the purchase of long term care insurance.
Whether they are individuals or business owners, the government incentives for purchasing long term care inusurance are getting better and better.
For individuals who are approaching retirement [...]

Feb

24

The Connecticut Partnership for Long Term Care announces Public Forums

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The information below was provided by the Connecticut Partnership for Long Term Care:
The Connecticut Partnership for Long-Term Care has recently scheduled its Public Forums for the Spring.  The Forums will be held:

April 23rd -                   LP Wilson Community Center - WINDSOR
April 30th -                   St. Andrew’s Church - COLCHESTER
May 20th [...]

Feb

9

Advisors should begin the discussion about long term care with their clients

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Beginning the long term care discussion with clients shouldn’t be as difficult as we all make it out to be.
My suggestion is to begin the discussion with a focus on what you’ve done for them already.  If you’re an adviser that has taken the time to evaluate your client’s needs over the years, then the [...]

Feb

4

What’s better, a monthly or daily long term care benefit?

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On the surface choosing between a daily or a monthly benefit on a long term care insurance policy is simply a matter of cost.  However, there are sublte differences between the two that you should be aware of when deciding.
The most effective way to explain the difference between a daily or a monthly benefit is by [...]

Feb

2

The recession and long term care, what should Connecticut residents know?

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The current recession has hit everyone hard.  Families in Connecticut that may be facing taking care of parents should know how the current economic environment will affect the long term care industry.
After some research, I found that there  are a few likely trends that families may be facing.

Nursing home care and increasingly in some states, [...]