Tags » Long Term Care Planning

How to Deduct Long-Term Care Premiums From Your Income


Taxpayers with long-term care insurance policies can deduct some of their premiums from their income. Whether you can use the deduction requires comparing your medical expenses to your income in a complicated formula. 318 more words

Education

Avoid Living Probate: How to Keep Conservators Out of Your Estate?

While most proactive individuals know the importance of having a well-rounded estate plan, it is typically considered as something that will take effect after they have passed away. 791 more words

Estate Planning

Sad End for Penn Treaty Insurance -- Reblog

Jeff Marshall, a highly-respected colleague in Williamsport, Pennsylvania, documented the failure of Penn Treaty Insurance’s long-term care insurance products in “Sad End for Penn Treaty Insurance… 76 more words

Elder Law

Vital Information about Medicaid and Long-Term Care

Please read this crucial explanation of the importance of Medicaid to long-term care residents and their families from the Long Term Community Coalition:  ltccc-medicaid-middle-class

Elder Law

The Split Gift & Annuity Plan (Creating and then Curing Penalties

 The Split Gift & Annuity Plan
(Creating and then Curing Penalties)

Long Term Care Medicaid is a welfare based program. This means that in order to qualify for Medicaid a person must not only have a medical need, but they must also financially qualify by having less than $2,000 in countable assets. 1,260 more words

Long Term Care Planning

Home Is Where The Care Is

HOME IS WHERE THE CARE IS

Home is where the heart is. Though you may love your home, the day may come when you are unable to receive the care you need there. 2,499 more words

Long Term Care Planning

Major Changes in Ohio's Medicaid Laws - The 1634 Transition

Major Change in Ohio’s Medicaid Laws
The 1634 Transition

“The world hates change, yet it is the only thing that has brought progress.”
–Charles Kettering… 949 more words

Long Term Care Planning