Learn important information about Estate Planning in North Carolina
We at Carolina Family Estate Planning believe it is our duty to educate our fellow North Carolinians on how they can prepare and protect their families for life, even after they are gone.
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Legacy Assets as a Long-Term Care Solution Legacy assets are rainy day money that will pass to beneficiaries if never needed. The biggest risk to these assets is often long-term care costs. -
Life Insurance with a Long-Term Care Rider Life insurance can be used as a vehicle to gain protection from future long-term care costs. The death benefit is merely a back-up if long-term care isn't needed -
Is Traditional Long-Term Care Insurance Still a Viable Option? Traditional LTC Insurance is like homeowner’s insurance. You pay yearly premiums and if you have a claim, you file a claim. But the policy doesn't accumulate cash value and the premiums can increase -
Will Medicaid Pay for My Long-Term Care? Many people still are under the mistaken impression that Medicaid will cover their long-term care, however, this often will not end up being the case. -
Will the VA Take Care of My Long-Term Care Needs? Many veterans assume that the Department of Veterans’ Affairs (the VA) will pay for the veteran’s long-term care needs, but this may not be the case. -
Don’t Fall for the Medicare Trap Medicare and Medicaid are government health programs with similar names that create confusion. A critical difference is Medicare does NOT pay for long-term care. -
How Much Does Long-Term Care Cost? Long-term care costs vary significantly based on the type of care needed, the care environment, the amount of care needed, and the geographic location. -
Long-Term Care Plan Should Include Care Guidelines Long-Term Care Planning Attorney, Jackie Bedard, shares a family story regarding the difficulty of making end-of-life decisions for someone else. -
What Is Long-Term Care? A discussion of what long-term care is, activities of daily living, instrumental activities of daily living, levels of long-term care, and long-term care environments -
The Real Reason Why You Need a Long-Term Care Plan A long-term care plan can help preserve independence and dignity while protecting loved ones from the physical, emotional, and financial toll of long-term care