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Combination Long-term Care Products

A recent Financial Planning Magazine article discusses new tax laws that may increase the popularity of combining life insurance and annuities with long-term care insurance. Long-term care ("LTC") insurance sales have been in a decline over the past several years. Many believe that...

McNees Wallace & Nurick LLC: Planning and Paying for Long-Term Care (Part 3 in a series: Long-Term Care Insurance)

By Scott Alan Mitchell As the name implies, long-term care insurance (LTCI) is an insurance policy that individuals can purchase to pay for some or all of the costs of long-term care. LTCI often covers not only skilled nursing care but also assisted living, personal care, in-home care, respite...