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 Planning for Long Term Care   

   
                  
 
February, 2015
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In This Issue
Article Headline
Featured Article
    12 Signs of Elder Financial Abuse
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Ray
Links...
Archive Earlier eNews-letters & articles
AALTCI American Association for Long Term Care Insurance 
CLTC Corp. for Long Term Care Certification 
Colorado Division of Insurance Gateway to the long term care section
Medicare The official  Medicare website
You Tube Why I Do What I Do.  Oops!  Since recording the video, my website has changed to www.LTCinsuranceGuy.com & my email address to Ray@LTCinsuranceGuy.com  
  
   

Disclaimer: This eNewsletter and all links to other sources should not be construed as tax or legal advice because it is not either. Raymond Smith, The Long Term Care Specialist, does not give legal or tax advice. Consult your tax advisor or attorney for these matters.

 

 

If you have not looked at The Long Term Care Specialist website (www.LTCinsuranceGuy.com) for a while, now is a good time to do so.  With the help of internet guru Karin Hall, all of the Planning for Long Term Care eNewsletters, going back to 2010, are now accessible directly from the website.  You can also access the older eNewsletters by clicking on Archive, under Links on the left side of this page.

 

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12 Signs of Elder Financial Abuse 

Financial abuse of elders is a growing national problem.  It happens even in the best of families...more often than you may think.  Why is financial abuse of elders increasing?  Because the number of seniors is increasing.  Per the 2010 census, 13% of the U.S. population was age 65 or better.  This will increase to 20% by 2050.

 

Here is an example: A parent develops dementia.  An adult child starts with the best of intentions..."I only want to keep Dad from being cheated out of his lifetime savings."  The adult child perhaps has problems of his own...debt, substance abuse, loss of a job.  "I will just borrow $100 until next week.  READ MORE

 

  

 

Caregiving, Some Advice for Squabbling Siblings by FamilyAffaires.com

 

When Children Become the Adults

It's an ironic twist that a parent who once refereed their squabbling kids, one day becomes the center od squabbling adults.  It's also pitiful.  If you're one of those "Children" in an adversarial...READ MORE

 
A plan to pay for Long Term Care services is not a financial plan.  But a financial plan that does not address long term care can not be 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, 2015