why is it important to understand your long-term goals before you begin investing?

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Answered: Purpose of Long Term Care?

The purpose of long-term care planning is to make sure you are able to afford and have access to quality healthcare services if ever you needed them. It's not a good option to rely on government healthcare programs like Medicare and Medicaid when it comes to long-term care and family members are ...

Answered: Listing of Long Term Care Facilities?

Try the long term care directory for retirement homes across North America which you can find at RetirementHomes .com. The site also provides comprehensive and user friendly long term care planning guide to seniors.

Answered: I am looking for investment and long term loans?

Many banks will lend money against your inventory. Some will give you a line of credit. Unless you have an established business, you will find it hard to get long term loans except for real estate. Very few banks will invest in your business.

Answered: Why isn't hospitalization counted in elimination period for long-term

It IS counted. in fact it is one of the primary criteria to determine the need for long term care. Look thorough your benefits materials with your health insurance. if your health insurance doesn't cover long term care then SSA will, to a point. Obamacare would not have covered long-term care at ...

Answered: If a person buys a long term care insurance, will he/she get tax

Yes you will get tax deduction based on your age and AGI, for the year 2014, the internal revenue services has increased tax deductibility. You can check the table of long term care insurance tax deductibility at infolongtermcare: http://www.infolongtermcare.org/ltci-tax-deduction-2014/
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Drawback of long- term care insurance, is there any?

The major risk is that you may be paying for years, and then the company may not pay your claim at a time that you are too sick to fight.

What are the odds of needing long term care insurance?

The odds of needing long term care get bigger as the person grows older. This is the reason why long term care planning is important before you reach your retirement age. Waiting any longer can be very financially devastating.

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Hi there: The AOL Privacy Policy covers the collection and use of information from any device used to access or connect to AOL branded websites, services, and software, as well as many websites owned by or affiliated with AOL ad operating under different names. In short, the Privacy Policy ...

Which states have approved Long Term Care Partnership Insurance?

I don't have the full list, but I think most states already have approved private long term care planning "partnership" policies that allow policyholders to protect substantial private assets from Medicaid should they exhaust their private insurance benefits and need to use Medicaid.