28% copy of logo  Planning for Long Term Care
                  
 December, 2012
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   Women to pay more for Long Term Care Insurance?

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My Website More about Long Term Care & me
Archive Earlier eNews-letters & articles
AALTCI American Association for Long Term Care Insurance 
CLTC Corp. for Long Term Care Certification 
Colorado Division of Insurance Long Term Care section of website 
Medicare The official  Medicare website
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The Long Term Care Specialist wishes you and yours a happy holiday season and a 2013 filled only with good.  The turning of the page on 2012 is a good time to review your plan for long term care.  The questions to ask are: 1) How are you going to pay for long term care services when you need them?  2) Is your plan realistic...for example: if you want to remain at home, does your plan provide for enough hours of professional home care, or are you relying upon the unspoken assumption that your kids will drop what they are doing & come take care of you? 

Women to Soon Pay More for Long Term Care Insurance?

Genworth Life Insurance Company has announced that it will begin charging women more than men for new long term care insurance.  Other carriers are expected to follow as Genworth leads the industry in market share.  The increased Genworth rates are pending state-by-state approval and are expected to be effective on new policies that are applied for after...Read More

 
2013 Tax Update: Deductibility of Long Term Care Insurance Premiums                 2013 LTC Tax Questions
The rules stay the same, but the numbers have changed...actually become a    little better.  Three principles remain: 1) Someone who is not a business owner generally cannot deduct long term care insurance premiums.  2) A business owner CAN generally deduct at least...Read More

 
A financial plan that doesn't address how long term care services will be paid for is not a complete financial plan. 
Sincerely,
 Ray Smith
 Raymond Smith, CLU, CLTC, MBA
 The Long Term Care Specialist
 303-699-4172

� Raymond Smith, The Long Term Care Specialist, 2012