Accountants' Guide to Long
Term Care
Insurance
Accountants may ask, "Why do I need to
understand long term care insurance?". It is
important for accountants and CPAs to be informed about long
term care insurance since many individuals and businesses are
now deducting up to the full cost of LTC insurance for
themselves as well as family members. Your older
clients are likely considering coverage to protect savings and
income from the devastating costs of needing long-term care.
Young adults are looking for ways to protect their future
inheritance and ensure their parents have access to quality
care. Consider discussing long-term care
insurance as a possible, beneficial tax reduction option with
your clients and mention our site as one of the many helpful
tools to use in that decision-making process. You
may want to associate yourself with a qualified long term care
specialist to serve your existing clientele or become licensed
yourself. Either way, if you have any specific questions
or case(s) you want to discuss, please feel free to
contact us.
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