Asked by an anonymous user
Answered by Donn Sharer , CFP ChFC CLU in Millstone Township, NJ
The miracles of modern medicine have greatly increased the likelihood that more and more of us will need custodial care, especially in our later years. At its simples...
Asked by Lynn
Answered by Fran Chamberlain, Insurance Agent in Nanuet, NY
Yes, it is recommended as the cost of long term care increases approximately 5% on an annual basis. Most long term care quotes automatically include inflation protect...
Asked by an anonymous user
Answered by MoneyTips Writing Staff, Financial Adviser in Los Angeles, CA
While I can't address which policies are best, MoneyTips has an article on Long-Term Care Insurance that may be of help. Visit http://www.moneytips.com/long-term-care...
Asked by an anonymous user
Answered by Michael Hoffman, RFC, CLU, ChFCPRO+ in Grass Valley, CA
Good question! You are close, the 1035 tax free exchange will allow you to exchange an existing annuity or permanent life insurance contract to a new one that has a L...
Asked by Angie
Answered by Gregg Himfar, Financial Adviser in Carlsbad, CA
Having an estate plan. Having a health directive, a trust, and beneficiaries stated on all retirement accounts. Perhaps life insurance is necessary to avoid your hei...
Asked by Victor
Answered by Amber Lidskin, Insurance Agent in Gold River, CA
Good evening Victor: I'll be happy to answer some questions about Long Term Care. The rates are dependent upon your age, sex, and current health. The younger and ...
Asked by Zanna
Answered by Paul Carag, Financial Adviser in Renton, WA
Hi Zanna, it all depends on what assets they have for this purpose. Do either of them have any long-term care coverage? Will they have any assets they can liquidate...
Asked by Stokes
Answered by Matthew Hutton, CFP, MBA-FP in Westlake Village, CA
Mr. Stokes, Your questions was whether you should purchase a long term care insurance policy or not, and if so when. Unfortunately the answer is not a cut and dry, ...
Asked by Bobbie
Answered by Bill Hagerty, CLU® ChFC® in Roseville, CA
It's a great idea to get the facts before you have a need which could affect retirement. I am in Roseville, Ca. Feel free to contact my office if you would like to r...
Asked by Debbie
Answered by Michael Minter, Financial Adviser in Tampa, FL
This is a legal question and should be directed to a local attorney that specializes in Social Security disability and or Medicaid with the ability to set-up some sort...
Ask a pro a question
Have your question answered by a professional
Characters remaining: 140
Asking as: $ss.eas.userParams.displayName
Log in or sign up with email
By submitting you agree to our Terms of Service

Long-term Care Insurance

Long-term Care Insurance
Free MoneyTips Membership!

Get FREE, full access to MoneyTips.com