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Are you in your 50s (and up), divorced or in the process of divorce? A future long-term care need can derail your entire financial plan and divorce settlement-unless you're prepared. Long-term care needs in our later years can be catastrophically expensive-especially when you don't have a partner to share the burden. Whether it's in a desirable facility or in your home; you want to make sure you're protected. Join us as we talk with renowned Terry Altman, CLU, ChFC, CFP a veteran risk management and insurance expert, who brilliantly demystifies this complex topic. Terry, with his profound experience in the field, paints a clear picture of long-term care insurance, its importance, and who it is essential for. He emphasizes that this insurance doesn't just shoulder nursing home costs but also covers in-home care, something many people often overlook.
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Links are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. Pearl Planning is not affiliated with and does not endorse the opinions or services of Brian Cohen or his affiliates. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.
By Melissa Fradenburg, CDFA® and Melissa Joy, CDFA®4.7
1313 ratings
Are you in your 50s (and up), divorced or in the process of divorce? A future long-term care need can derail your entire financial plan and divorce settlement-unless you're prepared. Long-term care needs in our later years can be catastrophically expensive-especially when you don't have a partner to share the burden. Whether it's in a desirable facility or in your home; you want to make sure you're protected. Join us as we talk with renowned Terry Altman, CLU, ChFC, CFP a veteran risk management and insurance expert, who brilliantly demystifies this complex topic. Terry, with his profound experience in the field, paints a clear picture of long-term care insurance, its importance, and who it is essential for. He emphasizes that this insurance doesn't just shoulder nursing home costs but also covers in-home care, something many people often overlook.
RESOURCES
Links are being provided for information purposes only. We do not suggest that listening to this podcast will make you wealthy. Pearl Planning is not affiliated with and does not endorse the opinions or services of Brian Cohen or his affiliates. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax or legal position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.