In this Elder Law Minute, Wes Coulson, Southern Illinois Elder Law attorney, explains why people with long-term care insurance will still benefit from having an asset preservation plan in place to help protect their life savings from the potentially devastating high costs of long-term care. Does Someone With Long-Term Care Insurance Need An Asset Preservation Plan? […]
What Should I Look For In A Long-Term Care Insurance Contract?
You will want to look for a good experienced insurance producer who deals a lot with long-term care insurance because they are the best ones to give you advice. But, there are a few terms that will help in your discussion with the insurance producer. Understanding the following terms: Elimination Period, Term of Years or […]
Long-Term Care Insurance: What is the best age to buy it?
Getting long-term care insurance is something we know is important, but also something we don’t often like to think about. At any age, long-term care insurance may help with unexpected long-term care costs. So, what is the best age to buy it? In this Elder Law and Estate Planning Minute, Wes Coulson discusses that and the […]
Long Term Care Costs: The Biggest Threat to your Financial Future
It is critically important for anybody who is retired or nearing retirement age to have a plan in place to protect assets against Long Term Care costs. In this Elder Law Minute, Wes Coulson explains why this could be the biggest threat to your financial future. Long Term Care Costs: The Biggest Threat to your […]