Archive for the Blog Category

When you own a Stand-Alone “Traditional” Long Term Care Insurance policy, it’s important to understand when to consider making changes to the policy. There are benefits and/or consequences that may affect your premium. Therefore, it’s a good idea to educate yourself on how to recognize an Unsolicited

Over 70% of all seniors will need long term care during their lifetime. Knowing what your Long Term Care Insurance (LTCI) benefit triggers are and how they apply can help you and your family plan for the future.  You probably don’t think in terms of incidental activities

Most people are adamant they never want to become a burden on their spouse or family.  Open communication and sound financial planning are key ingredients to navigating a lasting relationship with an eye to the future—in sickness and in health.  That includes making contingency plans for potential

After you purchase a Long Term Care Insurance (LTCI) policy to help protect yourself, your family and retirement nest egg, you’ll want to follow a few simple steps to help keep yourself organized and keep your family updated! Share Contact Information Make sure you give your Long

From Gordon Associates – we are pleased to post this guest blog from Home Care Assistance, a caregiving agency serving Chicago and the surrounding suburbs. This blog covers an important topic we’re hearing more and more about. We hope you find it valuable. Watching a parent, family

From Gordon Associates – we are pleased to post this guest blog from Senior Living Experts. We have referred many clients to them for help finding resources for senior citizens, and we have always been happy with their results. Even though they are based in the Chicagoland

After you decide to purchase a Long Term Care Insurance (LTCI) policy and protect you, your family and your retirement nest egg, you will be ready to proceed with the application process. Underwriting guides and standards are getting more restrictive and as a result, the underwriting portion

Upon qualification, Long Term Care Insurance (LTCI) should be considered an important part of a financial plan. LTCI can be thought of as guaranteed income and factored into asset allocation strategies to help provide asset protection, just like any other predictable income stream. After all, Long Term

Long Term Care costs can be very expensive for someone who has a major health problem and needs help with Activities of Daily Living (ADL) – bathing, dressing, toileting, transferring, continence and eating. Health insurance and Medicare do not cover this type of chronic care. Often the

If you have a Traditional IRA and/or a Beneficiary IRA, chances are you have plans for the assets. Oftentimes those assets are earmarked to help fund retirement and family legacy. However, an unexpected long term care event can wreck those plans if one is completely self-funding it.