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Author: intercst Big funky green star, 20000 posts Top Favorite Fools Top Recommended Fools Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75640  
Subject: Re: Nursing Home insurance Date: 11/14/2003 8:59 PM
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MEG asks,

The broker wants her to look at the home insurance as a way if protecting the acct that has the $180,000 value.

He says that the premiums could be paid from the annuities accumulations since the accumulations would be taxable to heirs anyway. Not sure yet what premiums would be or how much the annuities have accumulated.

Any ideas on this or any better ideas.


This sounds like a weak/marginal case for buying long-term care insurance.

TMFPixy wrote a good series of articles on the subject about 2 years ago. Perhaps he can provide a link. I can't seem to find it on TMF.

intercst
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