Life, Disability, Home Health & Long Term Care.

Financial Resources Questionnaire

to get the right coverage for your situation

Cut & Paste these questions into an email and send to us at [email protected]

1. Seven percent of my annual income is approximately $_______________.  (This is the maximum amount of annual income experts advise spending  on a premium.)

2. The cash value of my non-housing assets* is $____________.  (This is the amount you would otherwise have to spend for long-term care.)

3. My non-housing assets would last _____________ years if I needed care today.  (This is the approximate number of years of coverage you might consider buying.)

4. I can afford to pay $____________ a day towards the cost of my own care.  The difference between the amount I can afford and the cost of care today is $_________. (This is the approximate amount of daily benefit you will need.)

5. I can afford to pay a total of $____________ for the first days of care in a nursing home. Therefore, I will need a waiting period no longer than:

30 days $__________ 60 days $__________ 90 days $____________.

(To determine the amount you would pay, multiply the daily nursing home cost times the number of days in the waiting period.) ^{Copied from Taking Care of Tomorrow} *

Child Pages

• Disability Income – Pay Check Protection
  • SDI State Disability Insurance – Taxable? Not Eligible for COVID unemployment stimulus
    • SDI for Business Owners
    • Unemployment Compensation – Can’t find job – Corona Pandemic – Family Leave- Free Silver 94
• Estate Planning
  • Estate & Gift Taxes
    • Gift Income? Covered CA MAGI? Taxable?
  • Living Trust – Bank Accounts?
    • Executor – Successor Trustee – What are the duties?
    • Sample – Example California Will – Where does your stuff go? Health Care Directive
      • Probate
      • Will Contests – Disinherit a child
    • Special Needs Trust
• Life Insurance – Instant Quotes – Universal – Key Man Life
  • Find a lost or missing Life Insurance policy – Pension – Bank Accounts
    • Life Settlements – Sell your unwanted policy
  • Rated – Surcharged Policies
    • Final Expense – Almost Guaranteed Issue
• Long Term Care Nursing & Home Health Care
  • Medi Cal – Long Term Care & Nursing Home Estate Recovery – Strategic Planning
• Retirement Planning & MAGI Income
  • Annuities & MAGI Income Taxation Exemption
    • Jackson National
    • TSA-Teacher Retirement Plans – Tax Sheltered Annuities
  • Business – Employer Sponsored Retirement Plans
    • Secure Choice -CA State Run Retirement System
    • Selling and Valuation of an Insurance Practice?
    • SEP – Simplified Employee Pension
  • IRA – Individual Retirement Account
  • Social Security – Retirement Benefits – Survivors – When?
    • Social Security Benefits MAGI Covered CA Income Subsidies