Are You or a Loved One Showing Dementia Symptoms?
Discover How to Protect Your Assets from Long-Term Care and Nursing Home Costs without Insurance
Enter Your E-Mail to Receive Your Free Report Revealing How Middle-Class Families Can Protect their Nest Egg from Nursing Home Costs without Expensive Insurance
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If you or your elderly family member cannot qualify or afford long term care insurance because of dementia symptoms, but may need long-term care in the future, then I have real life experienced based knowledge to share with you.
Long term care, specifically nursing homes, can wipe a family's life savings out. At $8,000 per month (at least), a nursing home can clean a family out. If you can't pay, you can't stay.
Sometimes high nursing home costs even tears families apart because of the high financial strain. Adult children see money going out the door to a nursing home and think, well, there goes my inheritance. They act resentful sometimes to their elderly parent (at least the trouble ones do). Even the good kids think, jeez, there goes mom's life savings that she wanted to keep for her kids.
Those families that didn't save their pennies qualify for Medicaid quite quickly.
The wealthy usually have enough assets plus lavish pensions to private pay and provide for the healthy spouse's cost of living.
The middle class has been wiped out because of the economy and it is the middle class that is affected here.
However, there are solutions to your financial issues associated with the dementia symptoms you are seeing.
Your closest financial advisors may not have told you about these techniques even if you tell them about your dementia symptoms and ask what to do!
Financial advisors won't tell you about it because most either won't learn something new or they believe it takes away from their bottom line. Financial advisors think that long term care insurance or other hybrid financial insurance based products is the only choice to protect you assets. They're wrong.
Your estate attorney may not know it either. Most wills and trust attorneys only know estate tax based planning. They probably won't know about asset protection laws affecting the middle class. Again, many of these lawyers are not interested in learning new planning techniques.
The threat of long term care is real. According to the US goverment's long-term care website, 70% of people turning age 65 can expect to use some form of long-term care during their lives. Yet most do nothing. Especially with the lack of good advice or complete information out there.
Inside this free report, you will learn...
- The #1 Alternative to Protecting Assets from High Nursing Home Costs if You Cannot Qualify or Afford Long-Term Care Insurance
- The Nuts and Bolts of this Critical Planning Strategy
- Why Every Month You Delay Planning Could Mean You Have to Pay the Nursing Home MORE
- How to Control Your Assets Without Giving Them Away (Especially If You're Thinking about Gifting to Beat the 5 Year Lookback Period)
- Why Gifting Your Assets Can Cause MORE Taxes
Enter in your e-mail address in the box below and I will send you my free report!
We value your privacy and would never spam you
Additional Long Term Care Asset Protection Resources
- Types of Long Term Care SettingsFebruary 8, 2014
- When to Get Long-Term Care Asset Protection WITH Insurance!February 8, 2014
