David T. Phillips introduces the answer to today’s Long Term Care Crisis – Leveraged Care Solutions. The old styled Long Term Care insurance has given way to the more popular and client friendly Leveraged Care Solutions, also referred to as Asset Based Care planning. By shifting assets from one pocket to another, you can create a tax-free cash indemnity long term care benefit that is immediately valued three times your overall deposit. Depending on the plan you choose, your Leveraged Care benefit can increase with interest appreciation or an inflation rider.

David explains the difference between the three new LCS options: Life Legacy/LTC Strategy, Return of Premium LTC (ROP LTC), and the LTC Annuity. In each case if you never use the LTC benefit, your deposit, life insurance benefit or deposit plus interest is returned to your beneficiaries. David also provides a handy Leveraged Care Solution Summary comparison chart.

Chapters:
00:45 – The number one Longevity Risk – Experiencing a Long-Term Care medical event.
03:00 – Asset Based Care planning also known as Leveraged Care Solutions (LCS).
03:45 – LCS provides tax-free cash to pay for a long-term care event, if the benefit is never trigger, your deposit is returned to your beneficiaries.
04:30 – LCS financial pie chart. Simply a repositioning of an asset from your left pocket to your right, generating $3 of benefit for every $1 that is transferred. Thus the concept of leverage.
05:40 – Life Legacy/LTC Strategy
08:00 – Return of Premium Long Term Care Strategy – ROP LTC
09:00 – Cash Indemnity benefit
10:00 – Which LCS is best for you Summary Chart – November 2023 Generational Wealth Strategies newsletter.
11:15 – Long Term Care Annuity
13:30 – Request a personalized example of how Leveraged Care Solutions can help you and your family.
15:00 – 46% of Americans over age 50 erroneously believe that Medicare covers Long Term Care – IT DOESN’T.
16:30 – Next episode – how to combat estate reduction due to poor investment choices.

Learn more:

• Estate Planning Made Easy website:
• shop.empez.com, use discount code EPMEZ to receive a 50% discount
• Leveraged Care Solutions: Answers to Today’s Long Term Care Crisis
• The 10 Most Common Estate Planning Mistakes, 4th Edition, by David T. Phillips:
• Generational Wealth Strategies newsletter
• ROPLTC.com website for information specific to Return of Premium LTC (ROP LTC).
• After LCS Financial Snapshot chart
• Leveraged Care Solution options table

Contact:

• Estate Planning Specialists at 888-892-1102
• The Durfee Law Group at 480 324-8000

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