Long Term Care Planning Seminars By Les Robinson CLTC

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Institutional Care or Home Care? With the Right Plan, the Choice Can Be Yours, According to Long-Term Care Agent Les Robinson CLTC Want to keep living in your own home as long as possible, in spite of needing long-term care? Then look into an LTC plan that is good for both purposes, says Les Robinson Long-term care insurance began as nursing home insurance, and many people still think of it that way. However, times have changed.... It’s no longer just a means of paying the bills when you move into a care facility, says Robinson. It’s also a way to pay for care in your own home, but some policies do a better job of it than others. Robinson points out that today’s long-term care policies come in many forms, and not all of them are ideal for home care. If home is where you’d prefer to live and be cared for, be sure to get a plan with that in mind. There are two broad categories of policies, according to Robinson: reimbursement policies and cash policies. With a reimbursement policy, you submit bills for the care services, which are usually paid to an institution. With a cash policy, you get monthly benefit checks to spend however you like. This gives you great freedom in hiring whatever services you require, whenever you want. People who prefer to age in place (at home) may be better off with a cash policy, but reimbursement policies have their advantages, and some are more friendly to home care than others, according to Robinson. At LesLTC, we guide clients to the most suitable policy for their particular situation and preferences, says Robinson. Robinson’s organization, LesLTC helps families plan for care needs through long-term care insurance, life insurance or annuities with long-term care riders, critical illness insurance, and other solutions ranging from health savings accounts to Medicare supplement plans. Robinson, helps families plan for care needs through long-term care insurance, life insurance or annuities with long-term care riders, critical illness insurance, and other solutions ranging from health savings accounts to Medicare supplement plans. Information is available from Robinson [email protected] , www.lesltc.com or 1-800-875-0140 Start planning for your future today by requesting free, no-obligation long term care insurance quotes from the top insurance carriers in your area today.

A Tax Break for Long-Term Care Insurance Premiums? Yes, If You Qualify and Make Your Claim, Says Les Robinson CLTC of LesLTC Thinking of getting long-term care insurance? Or already have a policy? Remember, some of the expense may be deductible, says Les Robinson CLTC of LesLTC, one of the nation’s largest long-term care insurance agencies. You may qualify for a federal tax deduction of hundreds to thousands of dollars per year. For those who qualify, deductions can be ...sizeable, and they recur year after year. For the taxable year beginning in 2017, the limitations under Section 213(d)(10) of the IRS tax code, regarding eligible long-term care premiums includible in the term medical care, are as follows: Attained Age Before Close of 2017 Taxable Year / Limitation on Premiums 40 or less: $410 More than 40 but not more than 50: $770 More than 50 but not more than 60; $1,530 More than 60 but not more than 70: $4,090 More than 70: $5,110 If you already have a policy, says Robinson, be sure to check out your eligibility. And don’t neglect to make your claim. What if you’re just thinking about getting a policy? Take the tax angle into account, Robinson says. Find out if Uncle Sam might, in effect, pick up part of the tab. For 2018 the limitations are a bit higher than in 2017: Attained Age Before Close of 2018 Taxable Year / Limitation on Premiums 40 or less: $420 More than 40 but not more than 50: $780 More than 50 but not more than 60; $1,560 More than 60 but not more than 70: $4,160 More than 70: $5,200 The deduction rules apply to every covered individual in a household. For example, a qualifying couple filing jointly could deduct up to $10,220 for 2017, and up to $10,400 for 2018; and so on for as long as the legislation remains in force. The original idea was to encourage Americans to protect themselves, says Robinson, and we believe the current administration will support this philosophy going forward. During tax season, says Robinson, we’re glad to talk with consumers and financial advisors about policy costs and tax adjustments. We do not give tax advice, but can help explain the tax incentives. For tax advice, people need to consult their tax professional. The long-term care solutions recommended by Robinson organization include traditional long-term care insurance, life insurance or annuities with long-term care riders, critical illness insurance, and other options ranging from health savings accounts to Medicare supplement plans Robinson, helps families plan for care needs through long-term care insurance, life insurance or annuities with long-term care riders, critical illness insurance, and other solutions ranging from health savings accounts to Medicare supplement plans. Information is available from Robinson [email protected] , www.lesltc.com or 1-800-875-0140

Long-term Care Agent Les Robinson CLTC Applauds U.S. News & World Report for 6 Ways to Pay Sticker shock holding you back? Are you pretty sure you can’t afford long-term care insurance for yourself, spouse, aging parent, or other loved one even though you want the protection? "Then an article in U.S. News & World Report has some good news for you," says Les Robinson CLTC. The article, 6 Ways to Pay for Long-Term Care if You Can’t Afford Insurance, offers cogent advice a...nd perspective, according to Robinson, who offers capsule descriptions of the ways in reverse order: (6) Medicaid: When all other options fail, the government is there, but its help may fall short of your expectations. (5) Personal savings: Self-insure by putting money aside for care in a nursing home, assisted-living facility, or your own home. (4) Veteran benefits: Those who have served in any branch of the military, during qualified periods of conflict, may be eligible for financial aid to pay for care. Spouses may also qualify for benefits. (3) Health savings account (HSA): You may finance future long-term care costs by opening an HSA if you have a qualified high-deductible health insurance plan. Within limits, your monthly contributions to your HSA are tax deductible. (2) Add a long-term care rider to a life insurance policy: This can be an affordable option if regular long-term care insurance seems expensive, or you don’t qualify for it. (1) Take another look at a regular policy: In light of the alternatives, long-term care insurance may not be as "expensive" as you thought. As the U.S. News article says, "Don’t assume long-term care insurance is financially out of reach." "For details of each method, please read the full article," says Robinson. "It takes just a few minutes, and just might improve your life for years to come." Robinson, helps families plan for care needs through long-term care insurance, life insurance or annuities with long-term care riders, critical illness insurance, and other solutions ranging from health savings accounts to Medicare supplement plans. Information is available from Robinson [email protected] , www.lesltc.com or 1-800-875-0140 See more

Start the New Year with a Long-Term Gift: Long-Term Care Insurance by Les Robinson CLTC Millions should consider the gift of long-term care insurance," says Les Robinson CLTC. "It makes sense any time, but at New Year’s resolutions time, a decision to go for it could be particularly enticing." No matter who you get the policy for aging parents, a spouse, or yourself it’s a great present, Robinson asserts. "The idea of a gift is to make people happy," Robinson reminds us,... "so we might consider how LTC insurance can do that." Some examples: 1. With money available to pay for your own care, your savings and property won’t be as vulnerable to unexpected care costs, avoiding the stress that spoils happiness. 2. You avoid relying on your children or other relatives to pay for your care. This knowledge alone can ease tensions and make family get-togethers more pleasant. 3. If you get a policy for aging parents, everyone benefits, not just them. They may live the rest of their lives with greater security and less fear, and you may also relax knowing you’re guarding against sudden, large care expenses down the pike. 4. You gain more control for a brighter future. For example, there may be less likelihood you or your spouse will have to leave a job to provide care personally. 5. Your children may have more reason to smile, too. With care expenses made more manageable through planning, educational plans can be made with greater certainty. It’s less likely you will ever have to choose between tuition for your kids and care for your parents or spouse. 6. LTC insurance can be a gift at tax time. A portion of the premiums may be deducted on federal income tax returns. Tax deductions or credits are also available in many states. Long-term care insurance is truly a gift that keeps on giving, says Robinson. If you make the LTC New Year’s resolution, you will have more to be happy about the whole year long. The options recommended by Robinson organization include traditional long-term care insurance, life insurance or annuities with long-term care riders, critical illness insurance, and other solutions ranging from health savings accounts to Medicare supplement plans. Information is available from Les Robinson CLTC at [email protected] www.lesltc.com or 1-800-875-0140 See more