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Comments on LTCi from Cincinnati Professionals |
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Comments from the Cincinnati Community |
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What are the thoughts of Cincinnati professionals on the concept of Long Term Care insurance? |
Summary |
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"Today everyone should consider including long-term care insurance as part of their overall estate and financial planning. With people living longer, there are increasing risks that lifetime health costs will consume an ever greater share of a person's wealth. Just as one protects one's family against the risk of premature death with the purchase of life insurance, one should evaluate the advantages of protecting one's wealth from the health costs of old age and disability." Daniel J. Hoffheimer Taft, Stettinius & Hollister LLP (513) 381-2838 hoffheimer@taftlaw.com | www.taftlaw.com
"I have found that the potential cost of long-term care is a primary concern of people implementing an estate or financial plan. These costs can place significant financial and emotional strains on the family unit. Long-term care insurance can be the most effective way to address this issue." Chad S. Levin The Horwitz Law Firm, P.S.C 541 Buttermilk Pike, Suite 305 Crescent Springs, KY 41017 csl@hlflaw.com (859) 578-1000
“Long Term Care insurance is an important tool. In fact, with the big changes in the Medicaid rules this year*, long term care insurance is more important than ever - especially to our ‘middle class’ clients.” Mark S. Reckman Partner at Wood & Lamping LLP Advising clients on elder law issues for over 25 years. (513) 852-6054 msreckman@woodlamping.com *Deficit Reduction Act of 2005. Passed into law February 2006
“The issue of long term care insurance is one we strongly feel needs to be examined as an option to protect principle by transferring risk and also installing a plan to assist the family at a difficult time. Even with all of our Group's expertise and success in the Wealth Management area, we still must use all of the expertise available to address this issue and that is why we rely on Thomas Deutsch for his competence in assisting our clients.” Joseph H. Evelo Senior Vice President - Investments Private Wealth Advisor The Evelo Group Merrill Lynch (513) 579-3888
“Long term care insurance can be of great use for people in various financial conditions. Thom's dedication and knowledge of this financial planning tool allow him to advise individuals on how long term care insurance can be an integral part of their financial plan.” David Phelps, CPA Director & Senior Tax Manager Barnes Dennig & Co., Ltd. (513) 241-8313
“My wife and I are in our mid to late 50’s and have built a moderate retirement fund over the past 30 plus years. During this time my father, a dentist, became very ill in his late 70’s and I was very concerned that his lifetime savings would be eaten away by the cost of long term health care, leaving my mother destitute. With this in mind my spouse, Mary, and I have chosen to purchase long term health insurance so neither of us would leave the other in financial difficulties. We are also interested in wanting to access quality long term health care at a time when it is still affordable and to preserve our inheritance, not only for each other, but for our adult children and grandchildren.” Stephen L. Claybon, DDS General and Family Dentist 513.489.6322
The above individuals do not recommend or endorse a specific long term care insurance company or policy. |
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To contact us: |
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Phone: 513 703-4837 Daytime office @ SpringDot: 513 542-4000 Fax: 513 542-4741 E-mail: equity@cinci.rr.com www.EQUITYinsOH.com |
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“Ensure Independence” |
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Equity Insurance of Ohio, LLC |
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For straight answers to your tough questions about long term care insurance call Equity Insurance of Ohio at 513.703.4837*
*This is a solicitation for insurance. |
