Consider this:

Chances are you are going to live a long life.  It's also likely that you will need long term care.  It will be expensive and the cost today is not the problem.  It is the inflated cost in the future that you must plan for.  This could amount to $500,000 to over $1 million.

Question:  Where will the money come from?

The good news is that for less than 1 cent on the dollar/year, you can transfer the risk to an insurance company.  (More on LTC)

Also . . .

Business owners  have been  handed a tax free gift.

Due to some changes in the tax law you can now:

• Take money out of a corporation as a tax deduction and transfer that money to heirs income tax free, plus pick up a tax free benefit that will pay the future cost of any long term care.  Or . . .

• "Prepay" the cost for 18 months stay in a nursing home for one person and pick up a tax free benefit that pays the future cost of any type of long term care for two people for life.  Plus, the cost can be spread out over ten or twenty years and the business can deduct it.

Sound interesting?  Call John at 614-342-8200 or email at john@sourcebenefits.com