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Protecting Your Assets with a Government-Approved, Long-Term Care Partnership Policy

Protecting Your Assets with a Government-Approved, Long-Term Care Partnership Policy

by Carolyn Olson | Apr 3, 2015 | LTCi Info Articles

In the old days, in order for the government pay for someone’s long-term care expenses, the person would have to spend down their assets to the “poverty level”–about $3,000 in most states. Since 2005, and the passage of the Deficit Reduction Act, most states are...
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