In this episode David Phillips, CEO of Estate Planning Specialists shares some exciting investor news. First he tells the story of his Aunt Mary, who had to “spend down” her meager assets so she could qualify for Medicaid, leaving no inheritance for her family. There is a new Return of Premium Long Term Care Plan that is providing 10% more in monthly TAX FREE Indemnity Benefit than the current champion. For example, a 60 year old with a $1 deposit immediately has $5 available for care, growing to $7 at age 70 and $10 at ...
In this episode David Phillips, CEO of Estate Planning Specialists shares some exciting investor news. First he tells the story of his Aunt Mary, who had to “spend down” her meager assets so she could qualify for Medicaid, leaving no inheritance for her family. There is a new Return of Premium Long Term Care Plan that is providing 10% more in monthly TAX FREE Indemnity Benefit than the current champion. For example, a 60 year old with a $1 deposit immediately has $5 available for care, growing to $7 at age 70 and $10 at age 80, (a transfer $100k = $500,000 in Long Term Care Benefit immediately, which grows to $700,000 in benefit in 10 years).
The most exciting news of this announcement is that no medical exam or qualifying interview are required if you apply between ages 40 and 65. If you are healthy with a clean medical background, you can be approved within 24 hours! Go to ROPLTC.com or epmez.com and order a personal example on how the plan would work for you and your family. Or order the undated Return of Premium LTC for free by using the discount code CLIENT at shop.epmez.com.
Chapters:
0:00 – Will announce a breakthrough in the world of Long-Term Care
0:30 - The story of Aunt Mary
2:30 – Aunt Mary’s goal in life was to leave a financial legacy to my Mother and Aunt – Because she had to “spend down” her meager assets so she could qualify for Medicaid, the results were sadly there was no money left for anyone.
3:30 – 72% probability that if we are over 65 we WILL experience a long term medical event
4:00 – Introduction of a brand-new Return of Premium LTC Plan with benefit 10% more than the current champion
6:15 – With this ROP LTC plan a 60-year-old repositions $1 deposit from your right pocket to your left pocket, it immediately increases to $5, for care.
8:15 – At age 70, the $1 increases to $7 because of the 3% inflation rider. At age 80, or 20 years, a 60-year old’s $1 grows to $10!
9:30 – The monthly Long Term Care benefit is paid out as a Cash Indemnity TAX FREE monthly benefit.
10:15 – If you don’t trigger the LTC monthly benefit and you pass away, your beneficiaries will receive all of your deposit, plus a multiple of that deposit ($100,000 deposit = $170,000).
10:45 – ROP LTC is still an asset on your balance sheet – not a “use it or lose it proposition.”
12:00 – Order ROP LTC Special report at shop.epmez.com, use the discount code CLIENT to receive the report at no cost.
14:00 – Go to ROPLTC.com, or empez.com and order a personal example on how the plan would work for you and your family
14:30 – Most exciting part: No medical exam or qualifying interview if you apply between ages 40 and 65. If you are healthy with a clean medical background, you can be approved within 24 hours!
15:30 – The new ROP LTC plan is available up to age 76 if you are moderately healthy and have a cognitive interview
16:30 – Order the undated Special Report at shop.epmez.com, use the discount code CLIENT
17:00 – Next episode – How to plan the proper distribution of your IRA to the next generation.
Learn more:
- Estate Planning Made Easy website
- shop.empez.com, use discount code: EPMEZ to receive a 50% discount
- The 10 Most Common Estate Planning Mistakes, 4th Edition, by David T. Phillips
- Generational Wealth Strategies newsletter
Contact:
• Estate Planning Specialists at 888-892-1102
• The Durfee Law Group at 480 324-8000
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