by rebeccageyer | Jul 13, 2020 | Estate Planning, life insurance/ long term care combos, succession planning
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,...
by rebeccageyer | Apr 8, 2020 | life insurance/ long term care combos
“The vehicle used to transfer money after death will have to change from the IRS to the more tax-friendly life insurance,” writes Ed Slott in Financial Planning. What’s more, Slott adds, the clients most affected by the Secure Act are the ones with the largest IRA...
On behalf of Rebecca W. Geyer & Associates P.C. | Sep 26, 2018 | hybrids for long term care, life insurance/ long term care combos, long term care insurance
“Planning ahead for long-term care is important because there is a good chance you will need some long-term care services if you live beyond the age of 65,” cautions MyFederalRetirement.com. As Indiana elder attorneys, we certainly agree that long-term care planning...
On behalf of Rebecca W. Geyer & Associates P.C. | Sep 19, 2018 | life insurance/ long term care combos, long term care insurance, Uncategorized
“For aging baby boomers, planning for long-term-care costs becomes more pressing every day. But the insurance that helps cover those costs is surging in price, while the benefits are becoming skimpier,” Eleanor Laise comments in Kiplinger’s Retirement Report. It’s...
On behalf of Rebecca W. Geyer & Associates P.C. | Jun 7, 2017 | life insurance/ long term care combos
Life insurance has many uses in an estate plan, observes investopedia, listing several of those uses: To provide liquidity in an estate (to pay expenses, provide access to cash for heirs while the estate is being settled) To repay debts To replace income that the...
