Questions from ignorance.
When your policy runs out of benefits, you are on Medicaid?A well-designed long-term care partnership policy can protect 100% of one's assets even if the policy runs out of benefits.
But I would need dollar for dollar coverage meaning any policy cap would have to equal or exceed the value of my assets?A well-designed long-term care partnership policy can protect 100% of one's assets even if the policy runs out of benefits.
Assume I have a high amount of assets, similar to the question above, I would also need high coverage caps on the qualified partnership policy?In other words, a long-term care partnership policy provides an unlimited amount of care without being forced to spend down assets.
Statistics: Posted by Lastrun — Sat Mar 16, 2024 11:47 am — Replies 432 — Views 39123