Aug 9, 2022
This week, Diane shares a case study of her clients, Mark and Sharon. They started planning at ages 61 and 60. They thought they had done all they could with LTC planning, and then the SECURE Act was enacted in 2020. There were now serious tax concerns when their kids inherit their IRAs. Mark wanted to know if there...
Aug 3, 2022
This week, Diane shares three things we need to consider if we are designing a long term care plan with multiple policies over multiple years. Age, health and insurance industry and company changes could cause us to pay a lot more for coverage later. Or we may end up not eligible to buy additional coverage when we...
Jul 27, 2022
This week, we hear from Michelle Thomas with the Colonnade at Carrollwood, an assisted living community right in my Tamba Bay neighborhood. For many years, a group from our church visited and sang there monthly for quite a while. Michelle shares that this is Resort Style Living with as little or as much assistance as...
Jul 19, 2022
This week, we heard from the kids. What do they want to know about our LTC insurance plans? How will it help them if we have a plan to provide for our needs? It's important to include our family when planning for what could easily be the most fragile and most expensive part of our lives. Having a plan for when life...
Jul 13, 2022
This week is a case study. My client Sandy doesn't know in which part of the country she plans to retire, so we designed a plan that will help her provide for herself in any of the regions she is considering. It's important to imagine what life will be like in 20-30 years when we're planning for LTC needs. And...