Long-Term Care: Your Financial Planning Guide
takes the worry—and confusion—out of planning for the future.
What will you do if a family member needs long-term care? Today’s high cost of professional caregiving may leave you with no choice but to provide it yourself. That
can mean lost income, as well as valuable time away from your spouse, your children, and the things you love to do. Now is the time to protect your family’s lifestyle and your financial independence, while making sure your loved one receives the best care possible.
In this newly revised and up-to-the-minute guide, Phyllis Shelton, one of the nation’s leading authorities on long term care planning, shows you how to design a strategy that’s right for you and your family—without using up your assets. Find out how much protection you need, what you can expect to pay, and other essential information, including:
- Financing—get the most for your money
- Insurance policies—what the fine print really means
- Reverse mortgages—the pros and cons, according to the most recent figures
- Taxes—the latest incentives for long-term care insurance
- Medicaid—complete and up-to-date guidelines for all fifty states
- Medicare—new benefits reviewed and explained, and updates on the Medicare+Choice program
- And much more!
Includes fully updated directories of insurance departments, aging and health agencies, and Medicare/Medicaid divisions, as well as essential Web sites
“Long-Term Care is the most comprehensive guide on a topic that will affect every American in the 21st Century!”
—Ken Dychtwald, Ph.D., bestselling author of AgeWave and AgePower
“Essential reading for anyone concerned about their long-term health care needs.”
—U.S. Senator Bill Frist, M.D.,
Member of the Senate Health, Education, Labor and Pension Committee
Phyllis Shelton, President of LTC Consultants—a firm that specializes in long-term care insurance training—is one of the nation's leading authorities on long-term care insurance. She is also a pioneer LTCI agent, a trainer of over 37,000 insurance agents, and an advisor to some of the largest carriers in the nation on long-term insurance marketing methods. She has been a speaker for numerous insurance conferences, including the National Association of Insurance and Financial Advisors, the Million Dollar Round Table, the Private Long-Term Care Insurance Conference, the Society of Financial Service Professionals, the National Association of Health Underwriters, and the Financial Planning Association. In addition to appearing on CNN Financial News Network and in the PBS special, And Thou Shalt Honor, Phyllis Shelton has written articles for numerous insurance publications and is an industry reference for such publications as The Wall Street Journal, Business Week, and Kiplinger’s Personal Finance Magazine.