On this edition of Long Term Care Radio, Brian and Madalyn explain what informal vs formal care is, and the hidden costs faced by caretakers who don't receive payment for caretaking.
Sure, we are aware of the financial burden a long term care situation can cause, but what are the hidden costs of a long term care situation? Most people in a long term care situation, don’t actually end up in a nursing home as many people believe. Brian and Madalyn are here to help, the two tackle the many misconceptions of long term care insurance, and provide you with real usable advice.
Brian laments the loss of his favorite muffins and explains how that relates to the importance of proper long term care planning. Brian explains what taxes you can avoid by having long term care insurance.
Brian and Madalyn discuss State Partnership plans, how they came to be and how the government originally reacted to the long term care insurance industry.
Brian talks about what inspired his career in long term care, why self-insuring is obsolete, and the hidden costs associated with not buying long term care insurance.
Brian and Madalyn talk about long term care as the foundation of your retirement and estate planning.
Brian and Madalyn discuss the importance of long term care as well as their upcoming seminar.