Comprehensive Guide to Understanding Long Term Care

On this episode of Finance Through the Fog, Jeff discusses all things “Long Term Care.” The Topics of discussion and their timestamps are: 00:00 Intro 03:37 Defining and Qualifying for Care 06:14 Misconceptions of Long-Term Care 07:36 Cost and Different types of Care Settings 13:23 Length of Care 15:08 Medicare and Long-Term Care 19:50 Medicaid and Long-Term Care 28:08 Long Term Care Insurance 40:28 Effects of Long-Term Care on Families 44:45 Tax Planning and Long Term Care 50:46 Conclusion and Final Thoughts Disclaimer: The information provided in this podcast is for informational and educational purposes only and is not intended to constitute investment, financial, legal, or tax advice. All opinions expressed are those of the host and guests and are subject to change without notice. Any references to investments, strategies, or securities are illustrative and do not constitute a recommendation or solicitation to buy or sell any investment product. The views and strategies described may not be suitable for all investors. Listeners should not act or refrain from acting on the basis of any information included in this podcast without seeking individualized advice from a qualified financial professional who understands your personal circumstances and financial objectives. Past performance is not indicative of future results. All investments involve risk, including the possible loss of principal. Jeff Morneault may discuss and link to third-party resources or websites; these are provided solely for convenience and do not constitute an endorsement. Jeff Morneault makes no representations as to the accuracy, timeliness, or completeness of any third-party information.