Long Term Care: Your Financial Planning Guide

What will you do if a family member needs long-term care? Today's high cost of professional caregiving may leave you with no choice but to provide it yourself. That can mean lost income, as well as valuable time away from your spouse, your children, and the things you love to do. Now is the time to protect your family's lifestyle and your financial independence, while making sure your loved one receives the best care possible.

On a more personal note, what if the person needing care is your spouse... or YOU? What sacrifices will those closest to you make to manage the best care for each of you? Make no mistake - your family and friends will take care of you, but at what emotional and financial cost?

In this newly revised and up-to-the-minute guide, Phyllis Shelton, one of the nation's leading authorities on long-term care planning, shows you how to plan ahead for long-term care - without using your assets. Find out how much protection you need, what you can expect to pay, and other essential information, including:

*Are long-term care policies right for you?
*How do you prioritize your benefit selections to get the best coverage for your budget?
*The Partnership for Long-Term Care - does it really protect assets?
*Combo life/annuity/LTC plans - the most important feature to make them work
*The Federal Long-Term Care Insurance Plan - what is covers and who's eligible?
*Taxes - the latest incentives for long-term care insurance
*Reverse mortgages and life settlements - show me the money!
*Medicaid - the full impact of the Deficit Reduction Act on LTC benefits
*Medicare - the latest info on Medicare Advantage and Medicare drug benefits
Includes fully updated directories of insurance departments, aging and health agencies, Medicaid eligibility asset and income requirements for all 50 states, as well as essential web sites.

Phyllis Shelton is the President of LTC Consultants, a Nashville-based company that she founded in 1991 specializing in long-term care insurance sales training, consumer education and marketing materials. She is widely considered to be the leading long-term care insurance sales trainer in the country. Phyllis organization has trained nearly 65,000 agents via live or web-based training and her company has conducted training programs for 10 of the top 15 LTCI insurance carriers. Her newest online training venture, LTCiTraining.com, was developed to meet the new, mandated NAIC/DRA Partnership producer training requirements in all states. Phyllis was profiled in Senior Market Advisor as one of the top ten professionals in the long-term care insurance industry nationally and has spoken to literally every major industry group including MDRT s Top of the Table. Phyllis spoke at the June 2009 MDRT annual conference in Indianapolis and recently received the distinguished LIFE Foundation Client Service Award at the 2009 NAIFA convention. Her full page client story was featured in the September 14, 2009 edition of Newsweek magazine. Phyllis is a frequent contributor to industry publications such as Financial Services Advisor, Life Insurance Selling, California Broker, Financial Planning, and National Underwriter and authors the consumer book, LONG-TERM CARE: Your Financial Planning Guide (LTCi Publishing, 2008). She has been featured extensively in the Wall St. Journal and appeared in a two-hour PBS documentary on caregiving. She has presented on Wall St. as well as CNNfn and National Public Radio. She is a consumer reference for such publications as Kiplinger s Personal Finance Magazine and her interviews include USA Today, Business Week, Consumer Reports, Money, Smart Money, Bloomberg Wealth Manager and National Public Radio. Ms. Shelton speaks nationally on the tremendous financial impact of long-term care and the incredible marketing opportunity for agents who make the commitment to get in on the cutting edge of the fastest growing insurance product in the nation. While sharing the main platform at the annual NAILBA conference with former U.S. Senator Bob Dole, she was regarded as the most prolific speaker/trainer in the long-term care insurance marketplace. Phyllis passion for the long-term care industry is unparalleled. Her motivational message has been delivered to over 8,000,000 Americans.