Most people overestimate the cost of a good long-term care policy. A healthy, married couple in their mid-fifties, can share a policy that starts off with over a half million in benefits for about $100 per month per spouse.
There’s a new type of government-approved long-term care policy that can protect your assets from Medicaid even if the policy runs out of benefits.
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Most people overestimate the cost of a good long-term care policy. A healthy, married couple in their mid-fifties, can share a policy that starts off with over a half million in benefits for about $100 per month per spouse.
There’s a new type of government-approved long-term care policy that can protect your assets from Medicaid even if the policy runs out of benefits.
Here’s an explanation of how these policies work:
http://bit.ly/How-Partnership-Policies-Protect-Assets
Scott
May 28, 2011 - 9:47amThis Comment
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