Have you taken a look at Long Term Care Insurance policies but thought they were too expensive? Do you want to see if there is a way to lower the premium but still get the protection you need? Take a look at a “Partnership” plan. This is a great option that not everyone is aware of. – Melissa Levin, CFP®, CFS
“One of the most interesting new developments in long-term care is the expansion of the state long-term care partnership programs. In states that have passed these laws, people who have an approved long-term care insurance policy can qualify for Medicaid to help pay their long-term care bills after they’ve exhausted their coverage without having to spend almost all of their assets first.” – Kimberly Lankford
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LPL Tracking #602008