[Tired of Taxes]

Instead of Medicaid for long-term care, what if a portion of everyone’s taxes went to Long Term Care Insurance?

Any feedback here?

[Gideon7]

There is a little-known loophole called the “LTC Partnership” (Google it) that lets you shield your assets from the 5 year limit, based on the potential total payout value of your LTC insurance policy.

For example, if you buy a $450,000 LTC policy, the Partnership lets you shield up to $450,000 of your assets before you go on Medicaid.