For Professionals

Extended health care is a planning issue, not a product issue.

Failure to create a plan for extended health care will disrupt every other plan created by other professional advisors.

Specifically….having no plan for extended health care would be terribly disruptive to a:

  • plan established to keep financial commitments during retirement
  • tax plan
  • business succession plan  
  • premarital agreement in second marriages
  • special needs plan
  • charitable giving plan
  • plan to secure the financial viability of a surviving spouse.

For:

  • Financial Service Professionals
  • Lawyers
    • Estate / Elder Law
    • Medicaid Planners   
    • Domestic Relations
  • CPA’s
  • Insurance and Annuity Professionals

planning for extended health care needs must be discussed with their clients.


Most professional advisors have now come to understand the significance of extended health care and its potential impact on a family’s psychological, emotional, and financial well-being.


Unfortunately, sometimes professional advisors may be uncomfortable discussing or consulting on the topic of extended health care.  They might not fully understand what it is, and how it works.  As a result, they might opt out of providing advice or consul concerning extended health care planning, because they might make inappropriate recommendations, which could affect their client’s trust and confidence.  It might just be easier for them to stay on the sidelines.

However, there is a fiduciary obligation for professional advisors to explore extended health care planning options for their clients.  There are risks associated with professional liability for professional advisors to adequately address their client’s extended health care needs.

Professional introductions to us as extended health care specialists will build goodwill with your clients and provide them with a sense of security with our expertise.  It will protect your client as well as your professional relationship with them.

When there is a need for long-term care insurance, we can provide the expert advice your clients need, on this complicated issue, which will free up your time to concentrate on what you do best for them.

A possible lawsuit for negligence is not a good thought!

When you align yourself with a long term care planning specialist, you give your clients the opportunity of getting appropriate advice on whether or not they should purchase long-term care insurance to fund their plan of care.  If so, as experts, we will assist your clients in determining which type of policy and plan design is best for them to meet their objectives.  You can rest assured that we are on top of the ever-changing marketplace in long-term care planning, and will keep that responsibility off your agenda.  You will protect yourself and your clients by working with us.

It’s always best to plan ahead!

Needing long term care can incapacitate your clients.  Implementing long-term care insurance ahead of time can assist in plan implementation at claim time.  A client’s overall estate and retirement plans may not be complete without long-term care insurance.

We help clients coordinate their plan of care.

Most long term care insurance policies are backed by professionals who assist your clients in care coordination at claim time.  You will be able to participate and oversee your client’s plans for care, as the care guiding professionals determine the types of care needed and coordinate the private and public resources to finance the cost of their care.  These services will help ensure your client’s right to quality care.


Contact consultant Steve Norris today for more information on how you can help your clients through Long Life Strategies.