“New AALTCI Guide Explores Section 1035 Exchanges for Long-Term Care Insurance Planning,” by AALTCI

 

Quote: “A new guide exploring the benefits of a 1035 exchange as part of long-term care insurance planning has just been made available by the American Association for Long-Term Care Insurance. The guide is designed to be of value to the millions of older Americans who have a current annuity or life insurance policy but have failed to undertake any long-term care insurance planning. ‘Americans have $2.8 Trillion in annuities that could be repurposed to continue accruing value but now would also provide a tax-free long-term care insurance benefit,’ explains Jesse Slome, director of the American Association for Long-Term Care Insurance (AALTCI). The national organization has just released the Guide To Long-Term Care Planning Using 1035 Exchanges.”

LTC Comment (from Damon V. Moses, Administrative Coordinator, Center for Long-Term Care Reform):

Click article link to access guide.

New AALTCI Guide Explores Section 1035 Exchanges for Long-Term Care Insurance Planning

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