Tag: Long term health care insurance
Planning Ahead For Long Term Care Costs, Part 2
This hour, elder law attorney Jim Koewler at the Koewler Law Firm looks at the criteria used to compare planning strategies. There are three basic strategies: do nothing, buy insurance, or give away assets. The criteria Jim uses compare those methods are: the cost to implement the strategy, the risk to your money, how convenient is it to carry out the strategy, how much control does it give you over money, and the likelihood that it will protect your assets.
Long Term Care Insurance, with Jim Koewler
All about long term care insurance. Insurance takes the burden from you. You want to look at a stable company and stick with it for life. These are companies you don't see in the news, don't take risks, and have a history. One that underwrites on a long-term care model is best, rather than a disability model.
Planning for Long Term Care, with Jim Koewler
Elder Law and special needs attorney Jim Koewler talks about planning ahead — what do people need to plan for? When you can't take care of yourself, and you have trouble with activities of daily living — being able to get out of bed or a chair, bathing, eating, toileting, or dressing on your own — you're either injured (temporary) or facing a permanent change. How do you plan ahead for that financially? You can 1) do nothing, 2) buy insurance, or 3) give money away now while you're healthy, and rely on Medicaid later on. If you pick 3, work with a long-term care attorney to find a balance of what you need to care for yourself vs. what you're able to live without. Jim addresses all three choices.
Long Term Health Care Insurance
Sixty percent of adults over the age of 65 will require long-term care at some point in their lives. Having a long-term care insurance...
Long Term Care Insurance with Jason Totedo
Jason Totedo is a financial advisor with AGP Wealth Advisors talks about long term care insurance.
Long Term Care Insurance with Josephine Porokoso
RN Case Manager Josephine Porokoso at Serengeti Care talks about long term care insurance.