Long-Term Care
Predicting your need for or how long you may need Long-Term Care (LTC) is difficult. As one age there is a greater chance you will need LTC at some point. A Long-Term Care strategy is a personal choice and something to consider especially if your family has a history of LTC assistance or for greater peace of mind.
Help with LTC can be very expensive and can leave you and your family devastated both mentally and financially. This can help you to get ahead, of a LTC need, is to plan before the need for a Long-term care event arises. This can be done through various methods and instruments depending on your financial situation. This could potentially save you money and stress, but you will have more options to select from.
Long-Term Care assists with activities of daily living – include bathing or showering, dressing, getting in and out of bed or a chair, walking, using the toilet, and eating.
Many people think government programs such as Medicare and Medicaid will pay for most or all of their LTC needs. Medicare may cover a maximum of 100 days of services after a hospital stay.
Coverage is designed to assist people short-term and doesn’t include personal care of supervision services. Medicaid helps those who have limited assets and income, the state you live may make key care decisions on your behalf, including where you will receive care.
Insurance and annuities offered through Vicki Joern, TX License #1081644 and/or Karl Joern, TX License #1998944. Bee Financial Partners, LLC. is an Investment
Advisory practice that offers products and services through Impact Partnership Wealth, LLC (IPW), a Registered Investment Adviser. IPW does not offer insurance products.
The insurance products offered by Vicki or Karl Joern are not subject to Investment Advisor requirements. Bee Financial Partners, LLC. is not affiliated with the U.S. government
or any governmental agency.
No information or material presented on this website is intended as a recommendation, offer or solicitation for the purchase or sale of any security or investment strategy. Impact Partnership Wealth offers a broad range of investment advisory (including financial planning) and other services. Additional information is available in our Client Relationship Summary which can also be accessed here on this website, https://impactpartnershipwealth.com/wp-content/uploads/2021/06/Impact-Form-CRS.pdf.
Insurance and annuities are offered through Vicki Joern, TX License #1081644 and/or Karl Joern, TX License #1998944.
Please be advised that the securities advice offered, securities transactions conducted and assets under management services rendered by Impact Partnership Wealth, LLC are not: