Tag: long term care

Tax Tips: Long-Term Care Insurance

Your chances of requiring some sort of long-term care increase as you age, and long-term care insurance (LTCI) can help you cover your long-term care expenses. Although tax issues are probably not foremost in your mind when you buy LTCI, it still pays to consider them. In particular, you...
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Coordination of Long-Term Care with Government Benefits

In the context of long-term nursing home care, a number of governmental (and governmentally regulated) programs and tools exist to help you pay for this care. Medicare, Medicaid, Medigap, and long-term care insurance (LTCI) (combined with Medicare) can each assist you to pay for your long-term nursing-home care, assuming...
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LTC CHECKLIST

  General information Yes No N/A 1. Has relevant personal information been gathered? Name Date of birth Legal state of residence Health status, including medications being taken Marital status Family members available for support Name, phone number, and address of attorney, physician, geriatric care manager or other advisor 2....
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