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- Jerry Levy - Protect Your Assets
- Houston, Texas, United States
- Why do I do this? A family tragedy was the catalyst that caused me to enter the Long Term care field. My mom suffered a massive stroke and required more care than could be given at home. Fortunately, she had planned for her future and had purchased a Long Term Care policy several years earlier. At her nursing facility, I witnessed how a lack of planning caused confusion, frustration, and financial pain to so many families while attempting to care for loved ones. These observations and experiences gave me a personal resolve to educate and motivate the community to begin planning for their future independence, help protect their loved ones, and conserve their assets. My mission is to use my knowledge and skill to help individuals and businesses design an appropriate and affordable plan utilizing some of the largest and most stable Long Term Care insurance companies. Gail and I, are allowed to share the home of our Airedale Terrier, George. Jerry M. Levy Licensed Insurance Agent Long Term Care Specialist LTC Financial Partners, LLC Bus: 281-499-8992
Friday, August 15, 2008
Can you deduct the cost of Long Term Care Insurance?
Most individuals do not ask this question but for those that are sole proprietors or partners in a business, they should be asking. I have attached a link to an article that was written in Kiplinger's Financial by Kimberly Lankford that gives a very nice explaination. In a word, YES. The insurance is deductible. Now go read the details and caveats to see how you can take advantage of this. http://www.kiplinger.com/columns/ask/archive/2008/q0814.htm
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