INSURANCE PROFESSIONALS
Long Term Care Insurance Financial Peace of Mind Better Planning for Better Endings
HOW INSURANCE SUPPORTS A SOLID ESTATE PLAN Life insurance isn’t just a financial tool, it’s an estate planning essential. Life insurance can help preserve wealth, provide liquidity, and protect families from unnecessary hardship after a loss.
The cost of long-term care can be financially overwhelming. Most of us will face it, whether for ourselves or a loved one. But preparation today can prevent a crisis tomorrow.
WHAT LONG TERM CARE INSURANCE COVERS ■ Premiums are tax deductible and benefits tax free ■ It pays for homecare, assisted living and nursing homes ■ Home and assisted living start at $6,000 to $8,000 a month ■ Nursing Home starts at $10,000 to $12,000 a month ■ Home modifications (grab bars, ramps, etc.) ■ May start coverage on day one ■ May include life insurance ■ Rates are affordable and only A rated companies are used ■ Caring for a loved one is emotionally challenging but it doesn’t have to be a financial disaster. THE EMOTIONAL TOLL ■ Having the money to hire professional caregivers can ease financial worries and relieve your family of the burden of becoming caregivers.
PEOPLE WHO NEED INSURANCE 1. Adult children of aging parents with children of their own (Sandwich Generation) 2. Single parents 3. Single women – ‘who will take care of me when I’m old?’ 4. Families with assets to protect 5. Couples with a big age difference 6. Families with special needs children
WAYS INSURANCE HELPS
At Snyder Law, we often coordinate with insurance professionals to ensure that legal and financial strategies align. The right insurance coverage helps preserve your estate plan and protect the people you love.
• Covers final expenses, taxes, and probate costs • Provides quick liquidity for loved ones during trust administration • Replaces lost income to support dependents or surviving spouses • Funds long-term care costs without depleting assets • Supports charitable giving or legacy bequests
Preparing now means facing your future with confidence. Secure your legacy, protect your family, and plan for the life you want.
JIM BETTER
“Insurance fills the financial gaps that even the best legal plan can’t cover alone.”
CERTIFIED LONG TERM CARE SPECIALIST (CLTC) CA LICENSE 78016
START YOUR PLANNING NOW 603 964 2020 jimbetter@essentialplansusa.com essentialplansusa.com
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