Tag Archives: LTC

1. Your Retirement Safety Net: LTC Insurance

   by Kerry Peabody, CLTC Congratulations, you’ve made it! Retirement is right around the corner, and you’re ready to breathe a big sigh of relief. You’ve saved wisely and made good investments… but now there’s one more thing … Continue

2. Ask Lynn

   Q: I’m a social worker trying to help a friend who lives in Maine. I understand all you have said (referring to a recent blog on Medicaid), but am wondering, if a spouse who will remain in … Continue

3. Maine Medicaid: What’s Your Plan Part II

   In my last blog, (Maine Medicaid: What’s Your Plan?) we talked about Medicaid/MaineCare financial qualification. It boils down to this – you can ask the state for help, but before they’ll help you, you need to spend … Continue

4. Maine Medicaid: What’s Your Plan?

   by Kerry L. Peabody, CSA, CLTC, a Long Term Care Insurance Specialist with Clark Insurance “I don’t want the state to take everything I have.” I often hear this when I begin discussing Medicaid with my clients. … Continue

5. Long Term Care Insurance: Possible LTC Tax Deductions

   Good, informative article from the Macdonald Page (Portland area CPAs and management advisors) newsletter on long term care insurance. They talk about tax deductions, policy options and what’s generally covered. Good first steps if you’re thinking about … Continue

6. LTC Insurance: Investing Instead of Buying Long Term Care Insurance?

   “I think I’ll just invest the money ever year, instead of spending it on long term care insurance. That way, I’ll have enough money to pay for care myself.” by Kerry Peabody Often, a client sees the … Continue

7. Long Term Care Insurance: Some in Maine Can Self-Insure

   “Why can’t I just pay for my own long term care?” I get that question frequently, and the answer is: you can. Self-insuring, or simply deciding you’ve got enough money on hand to pay for your own … Continue