Talk To A Long-Term Care Expert

If there is one thing I’ve learned over the years as a Long-Term Care Professional, it’s that being proactive in planning for tomorrow brings peace of mind today.

The Cost of Long-Term Care is expensive and is not covered by your health insurance or Medicare.

Medicaid only covers long-term care after you have depleted most of your assets.

Are you thinking about self-funding from your savings & investments?

Call me for a real-world chat if you are thinking about self-funding. I have been very fortunate to help clients with diverse backgrounds. Many of the high-income earners that retired with significant assets felt justified to self-fund. Unfortunately, there are too many stories where it just wasn’t the best idea. From missing out on the tax advantages, pulling money in down markets, under-estimating the impact of pulling funds from savings and investments, not having the time to replace the money that was producing an income, the cost of inflation, and not realizing the difficulties their loved-ones are faced with when they think the money they are to inherit will be depleted.

I saw first-hand what a long-term care event does to the very ones we love when my grandmother had a stroke and moved in with my parents. My mother retired early from a job she loved, and that decision reduced her retirement income. I couldn’t help as much as I wanted because I was married with three kids and lived almost an hour away with no traffic.

My mother purchased a long-term care insurance policy from me more than 22 years ago because she didn’t want to be a burden to me and my siblings. About 5 years after purchasing her policy she was diagnosed with Alzheimer’s. I don’t want to think about the emotional, financial, and physical consequences to us had she not been so wise. And I will never forget how that decision demonstrated just how much she loved us.

Regina is a CLTC®. She has the experience and expertise to work with you and your other advisors to create a plan that protects the emotional, physical, and financial well-being of your family.

According to our Referral Partners: Financial Planners, CPAs, Elder Law Attorneys, insurance agents, Realtors, and other "Trusted" Advisors, The Value of Working with a CLTC® Designee;

• Those seeking to work with a professional to help protect their families and finances can expect a CLTC designee to understand how complex it can be.
• CLTC certification helps advisors remain current in the complexities of long-term care, insurance, retirement, and end-of-life planning.
• CLTC designees can see the bigger picture as it relates to loved ones who will bear responsibility in the event of incapacitation.
• CLTC professionals can help frame difficult conversations to create and enact a plan that provides peace of mind.
• CLTC holders demonstrate professional competence and interest in long-term planning.
• With millions of people living into their 70's, 80s, and 90's, the costs of healthcare, long-term care, aides, and nursing homes are straining finances for many families.

"If you or a family member have questions about how to pay for long-term care, I can help! Call or schedule a meeting with me today."

Talk to a Medicare Expert

Medicare is a fee-for-service health insurance program for aging individuals and those with certain disabilities. It comes with an alphabet soup of parts that offer different types of coverage and benefits. But Medicare has its challenges—including many holes that simply aren’t covered at all. To fill those gaps, consider enrolling in a Medicare Supplement plan or a Medicare Advantage.

To help you make an informed decision and weigh the pros and cons of each option, we provide unbiased expert insights and research on coverage, cost, convenience, and choice.

It is clear that the Medicare Supplement, also called Medigap, offers flexibility to go to any medical provider that accepts Medicare in the US without a referral. For people that are already sick or want the ability to go to a place like MD Anderson or the Mayo Clinic, would be wise to choose a supplement. Medicare Advantage plans do provide a bundle of benefits however there are limitations that must be considered.

At the end of the day, the decision often comes down to whether you can afford a Medigap plan with a prescription drug plan.