It isn’t Caregiving, it is about Activities of Daily Living
Listen to host Eric Dye & guest Raymond Lavine discuss the following:
- What has changed with long-term care plans over the years and how do the updated plans provide benefits to people?
- Polls and surveys tell us that people are concerned with how they will receive care. If this is a concern why aren’t more people owning a long term care plan?
- What is caregiving and what are ‘activities of daily living?’ Are they the same.
- How should people think about medicare, veterans benefits, family care and owning a long-term care plan?
- Why should successful people have the conversation about owning a plan? Wealth advisors if they bring up the conversation about LTC plans explain to their clients that if they have several million dollars that is enough to pay for ‘activities of daily living’ and lifestyle. Why isn’t that a reasonable strategy?
Raymond Lavine advises successful families on how to effectively and (with tax considerations) own a longterm care plan so that lifestyle and family obligations continue without interruption.
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