COVID-19 has affected Long Term Care insurance planning in a variety of ways.
Month: July 2020
What a Good Long-Term Care Insurance Policy Should Include
Nursing home and long-term care costs continue to rise and it is difficult to qualify for Medicaid to pay for nursing home costs. Long-term care insurance can help cover expenses, but long term care insurance contracts are notoriously confusing. How do you figure out...
What to Expect When You’re Expecting to Experience Long Term Care
Long Term Care insurance policies come in two basic varieties – stand-along and hybrid. Learn the importance of the word “comprehensive” when it comes to selecting a policy.
What is an Advance Directive?
Kevin stands at the door of Winnie’s nursing home room, tears streaming down his face. The medical staff just finished inserted a feeding tube into Winnie – an act Kevin knew she didn’t want. Unfortunately, Winnie couldn’t express her wishes due to advanced dementia,...
COVID Forces Renewed Awareness of Long Term Care Costs
The coronavirus pandemic has focused attention on nursing homes and the costs of long term care insurance. What are the realities to be considered when purchasing LTC insurance?
Important Information About Life Insurance
The recent COVID-19 pandemic has made many of us think about our mortality and how to make sure our loved ones are taken care of especially if we die unexpectedly. Life insurance can be an affordable way to provide for our children, a spouse, a sibling, aging parents,...
Coronavirus Can Infect the Replacement Ratio
The Coronavirus pandemic has the potential to upend many Americans’ retirement planning, but careful adjustment of estate planning can blunt some of those effects.
What You Need To Understand About Estate Planning
Estate planning may sound like the domain of the very wealthy, however, in the eyes of the law, an estate is simply the aggregate of property an individual owns, and most everyone owns something. Property ownership includes individual as well as jointly owned bank...
COVID-19 Poses Unique Challenges for LBGTQ Community Members
The COVID-19 pandemic poses unique challenges to members of the LBGTQ community, and estate planning becomes even more important.