Long Term Care Insurance and Taxes
As the old saying goes, “you can’t avoid taxes.” You can, however, be smart about your deductions and mechanisms for paying premiums th [...]
Long Term Care Rate Raises
We have fielded quite a few questions of late about rate increases on long term care insurance policies. Some of the larger companies ( [...]
A SMARTER WAY TO PAY FOR LONG TERM CARE
In other posts, I have written about using VA benefits, qualifying for Medicaid, self-paying the cost, and buying insurance as ways to [...]
Is my long term care premium tax deductible?
At end of year, I usually get this question coming up: are my long term care insurance premiums tax deductible? The answer is “yes”, “n [...]
Insider Tip for Dementia Claims
The call came thru from a son who was quite angry that his Mother’s claim for long term care benefits was denied and (as he said) “she [...]
But what about rate increases?!?!
I often have this conversation with folks. Either those who are considering buying, or those who already own a policy and are seeing a [...]