Les Robinson How to reduce the Cost of Long Term Care Insurance

04/02/2024

Mutual of Omaha wild kingdoms animals
At ILTCI conference 2024
Snake at the event

03/23/2024

Talking to a financial professional today about how long-term care may help you avoid sticker shock later. Learn more: https://bit.ly/3RDYIvX
Medicaid Risk Assessment Email: [email protected] /Toll Free: 1-800-875-0140

To order book on protecting your Money from Medicaid and Nursing Home Event www.lesltc.com/book

03/09/2024

Long-term care allows you options....Stay in your home, if you choose, and get quality care you deserve. Learn more: https://bit.ly/3LGuvc9
That's the power of planning. That's the power of having the right plan.

When I see families that lose everything because they haven't taken a few simple steps, it makes me that much more motivated to get this message to as many people as possible and save as many families as possible.
Link to buy book https://lesltc.com/book/ to reduce your Medicaid Risk to Money, Retirement , House and lifestyle

02/03/2024

Better early than five minutes too late. The sooner you get long-term care protection, the less it costs. What’s the right time for you? Learn more: https://yhoo.it/3RFxTYA

01/17/2024

Medicaid shouldn’t be the focus of your plan for long-term care. You have options. Learn more here: https://bit.ly/3RD9oLy

01/02/2024

Most people aren’t prepared for needs, though a majority will probably need it.

04/21/2022

May 25, 2022 12:00 pm EST to 12:30pm EST Educational Seminar Stress Testing Your Retirement Money from Medicaid and Nursing Home by Les Robinson CLTC

May 25 2022 Educational Seminar Stress Testing Your Retirement Plan from Medicaid and Nursing Home. Remove a major portion of the fear and worry if you are faced with a Long Term Care event, the need for Medicaid or the need of a Nursing Home or Rehabilitation Facility - PR12914295

04/12/2022

03/13/2021

04/18/2019

A Tax Break for Long-Term Care Insurance Premiums? “Yes, If You Qualify and Make Your Claim,” Says Les Robinson CLTC of LesLTC
Thinking of getting long-term care insurance? Or already have a policy? “Remember, some of the expense may be deductible,” says Les Robinson CLTC of LesLTC, one of the nation’s largest long-term care insurance agencies. “You may qualify for a federal tax deduction of hundreds to thousands of dollars per year.”

For those who qualify, deductions can be sizeable, and they recur year after year.
For the taxable year beginning in 2017, the limitations under Section 213(d)(10) of the IRS tax code, regarding eligible long-term care premiums includible in the term “medical care,” are as follows:
Attained Age Before Close of 2017 Taxable Year / Limitation on Premiums
• 40 or less: $410
• More than 40 but not more than 50: $770
• More than 50 but not more than 60; $1,530
• More than 60 but not more than 70: $4,090
• More than 70: $5,110
“If you already have a policy,” says Robinson, “be sure to check out your eligibility. And don’t neglect to make your claim.”
What if you’re just thinking about getting a policy? “Take the tax angle into account,” Robinson says. “Find out if Uncle Sam might, in effect, pick up part of the tab.”
For 2018 the limitations are a bit higher than in 2017:
Attained Age Before Close of 2018 Taxable Year / Limitation on Premiums
• 40 or less: $420
• More than 40 but not more than 50: $780
• More than 50 but not more than 60; $1,560
• More than 60 but not more than 70: $4,160
• More than 70: $5,200
The deduction rules apply to every covered individual in a household. For example, a qualifying couple filing jointly could deduct up to $10,220 for 2017, and up to $10,400 for 2018; and so on for as long as the legislation remains in force.
“The original idea was to encourage Americans to protect themselves,” says Robinson, “and we believe the current administration will support this philosophy going forward.”
During tax season,” says Robinson, “we’re glad to talk with consumers and financial advisors about policy costs and tax adjustments. We do not give tax advice, but can help explain the tax incentives. For tax advice, people need to consult their tax professional.”
The long-term care solutions recommended by Robinson organization include traditional long-term care insurance, life insurance or annuities with long-term care riders, critical illness insurance, and other options ranging from health savings accounts to Medicare supplement plans

Robinson, helps families plan for care needs through long-term care insurance, life insurance or annuities with long-term care riders, critical illness insurance, and other solutions ranging from health savings accounts to Medicare supplement plans.
Information is available from Robinson [email protected] , www.lesltc.com or 1-800-875-0140