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

02/28/2019

Long-term Care Agent Les Robinson CLTC Applauds U.S. News & World Report for “6 Ways to Pay”
Sticker shock holding you back? Are you pretty sure you can’t afford long-term care insurance — for yourself, spouse, aging parent, or other loved one — even though you want the protection? "Then an article in U.S. News & World Report has some good news for you," says Les Robinson CLTC.

The article, 6 Ways to Pay for Long-Term Care if You Can’t Afford Insurance, offers cogent advice and perspective, according to Robinson, who offers capsule descriptions of the ways in reverse order:
(6) Medicaid: When all other options fail, the government is there, but its help may fall short of your expectations.
(5) Personal savings: Self-insure by putting money aside for care in a nursing home, assisted-living facility, or your own home.
(4) Veteran benefits: Those who have served in any branch of the military, during qualified periods of conflict, may be eligible for financial aid to pay for care. Spouses may also qualify for benefits.
(3) Health savings account (HSA): You may finance future long-term care costs by opening an HSA if you have a qualified high-deductible health insurance plan. Within limits, your monthly contributions to your HSA are tax deductible.
(2) Add a long-term care rider to a life insurance policy: This can be an affordable option if regular long-term care insurance seems expensive, or you don’t qualify for it.
(1) Take another look at a regular policy: In light of the alternatives, long-term care insurance may not be as "expensive" as you thought. As the U.S. News article says, "Don’t assume long-term care insurance is financially out of reach."
"For details of each method, please read the full article," says Robinson. "It takes just a few minutes, and just might improve your life for years to come."
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

10/01/2018

A Simple way to reduce your Medicaid Costs for a Long-Term Care Event by Les Robinson CLTC

Les Robinson was interviewed by Ed Reilly from WKBW Channel 7. The topic of the interview will be Making Ends Meet: focus on saving money.
Ed Reilly did a great job today interviewing me
One of the easy ways to protect your Money from Medicaid is a Fall Prevention Class.

A Fall prevention class can help you avoid the Medicaid 5 year look back and protect your money.
Look at different Hazards in falling
• Past falls
• Hazards in the home and community
• Problems walking
• Balance problems
• Weakness
• Improper footwear • Chronic diseases
• Multiple medications
• Poor vision
• Depression
• Memory problems
• Behaviors like rushing
Statistics on Falls
• More than 40% of people hospitalized from hip fractures do not return home and are not capable of living independently again;
• 25% of those who have fallen pass away each year;
• On average, two older adults die from fall-related injuries every day
Falls can result in hip fractures, head injuries or even death. In many cases, those who have experienced a fall have a hard time recovering and their overall health deteriorate
That is why a Fall Prevention Class can help reduce the risk of a fall and avoid you going into a Nursing Premature Long-Term Care Event and having all your money go to care instead of where your wishes
Link for the Interview https://www.wkbw.com/news/why-you-need-to-plan-for-nursing-home-costs
Author and 3 in 4 Educator Les Robinson CLTC has been teaching Long Term Classes since 2001, helping people protect their retirement money from Medicaid and Federal Employee Benefits.

To get more information on Les classes go to www.lesltc.com or call 1-800-875-0140
Class Group 1
Avoid losing your Retirement Money to a Nursing Home and Medicaid
Local Author Les Robinson CLTC on Long Term Care Planning will show you how to protect your retirement from a nursing and Medicaid Spend Down.
Because of today’s medical science, we’re all living longer lives.
Long-term care issues are now the biggest threat to a successful retirement.
Get objective answers about the pros and cons of a variety of long-term care issues
Long - Term Care (LTC): Issues Discussed in Class # 1
• How to protect your Retirement from a nursing home event
• How to protect your Personal Choices
• Avoid losing your financial Independence
• Learn how to avoid the look back period
• How much of your assets are subject to Medicaid recovery
• Learn how to avoid the penalty period
• Learn how to develop a long-term care plan

Community Education Programs Dates
1. September 11, 2018 6 to 8 pm Lancaster High School 716-686-3200
2. September 25, 2018 6:00 to 8:00 pm Williamsville South High School, 5950 Main Street, Williamsville, NY 14221
3. September 19, 2018 6 pm to 8 pm Ken Ton Community Education
4. October 2, 2018 6 to 8 pm Alden High School 937-9116 ext. 4158
5. October 3, 2018 6:00 to 8:00 pm Pembroke High School, Alleghany Road, Corfu, NY
6. October 10, 2018 6 to 8 pm West Seneca
7. November 05, 2018 6 pm to 8 pm Hamburg High School 716-646-3200 ext. 7212
8. November 27, 2018 6 to 8 pm Starpoint Middle school 716-201-2152
9. December 11, 2017 6 to 8 pm East Aurora Middle School 716-687-2311

Class Group 2
Understanding Federal Employee Benefits – Description: Les Robinson helps educate Federal Employees on their Retirement Benefits Les goal is to fully understand your federal benefits, maximize those benefits and better plan for their retirement. Les provides educational-based Federal employee benefits seminars and educates financial advisors so they can assist with decisions about how to best use Federal employee benefits to plan for retirement, savings and risk management. By Les Robinson CLTC
1. September 18, 2018 6 to 8 pm Lancaster High School 716-686-3200
2. October 9, 2017 6 to 8 pm Grand Island High School 716-773-8864
3. October 16, 2018 6:30 to 8:30 pm Orchard Park 716-209-6295
4. October 17, 2018 6 to 8 pm Attica High School
5. November 13, 2018 6 to 8 pm Clarence High School 716-407-9001
6. November 7, 2018 6 to 8 pm West Seneca

To get more information on Les Robinson CLTC classes go to www.lesltc.com or call 1-800-875-0140

The Baby Boom generation is now hitting retirement age and many have not planned for the costs of being in a nursing home - which run between $11,000 and $20,000 per month.