You may be contemplating your needs and options for LTC insurance. This can be a complicated analysis, dependent upon your age, health, financial circumstances, wealth transfer goals, and general philosophy. You may also struggle to weigh the risks and benefits, and to assess the potential value of LTC coverage.
This checklist will help guide you through this dilemma. It covers key issues to consider prior to purchasing LTC coverage, including:
- LTC needs and services
- Funding options
- Policy features
- Hybrid alternatives
- Tax considerations
