S5 E27 · Thu, April 24, 2025

I want to buy an LTC policy for my parents

We often hear from sons and daughters who want to buy LTC coveeage for a parent.  This could be to preserve a family home, to avoid Medicaid, or because they watched their parents care for their own parents for several years.  They don't want to go through that again. This works if the parent is still healthy enough to be approved by an insurance company. Different kinds of planning strategies are offered by different companies up to various age limits, and health questions differ as well. We can be pretty certain that Medicaid will be less accomodating in the future.  Learn more about that with resources from View current and projected costs of care where you live Estimate premiums for 6 year LTC plans Learn what your state Medicaid program lets you keep today Schedule a meeting to learn more

S5 E25 · Thu, April 17, 2025

What tax advantages are you overlooking?

This week is about tax deductions and tax savings with LTC insurance.  Individuals and business owners often overlook the tax advantages that a long term care insurance plan offers.   Listen and learn who can use what kind of tax planning when funding their LTC plan. Disclosure: I am not an accountant or tax advisor.  I'm simply sharing what tax saving strategiesa are available.  Consult your CPA or tax advisor for specifics to your situation. Note: I mention non-forfeiture benefits on traditional LTC plans.  This rider lets a policyholder cancel their plan any time after three years AND RETAIN BENEFITS EQUAL TO PREMIUMS ALREADY PAID.  I left this last part out in the recording. Estimate LTC insurance rates for 6 year plans with 3% inflation growth See what Medicad let's us keep in different states currently View median costs of care in various settings where you live Schedule a phone or Zoom meeting 

S5 E25 · Thu, April 10, 2025

In this economy, it's even more important to have a plan

This week, I'm hearing that people want to plan for potential LTC needs, but they are afraid to do that today because of our uncertain economy and stock market fluctuations. It's more important than ever to own our own plan today.  Federal programs are being gutted, and Medicare and Medicaid are the two biggest expenses on the federal budget.  Medicaid is not going to do more in the future. People who thought thay had enough savings to self fund care are seeing today that that should not be a lone solution.  Those who are drawing from retirement accounts today to pay for care will have no opportunity for a rebound. That money is GONE! There aren't enough professional caregivers today to keep up with demand. We need to be our own advocates and plan for future care needs.  We're going to get through this, and many of us will continue to live a long life.  When we live a long life, we get old.  And when we get old, we need help living. It's much easier to get help when we plan ahead. Schedule with me today  

S5 E24 · Thu, April 03, 2025

30 years of retirement needs 30 years of LTC protection

We and our financial advisors are preparing to need money to last 30 plus years in retirement, yet we don't trust LTC insurance companies to help protect us during that time. If we think we're going to live that long, do we really believe we will remain as strong, healthy and active as we are today?  Look at our parents and grandparents. Humans slow down as we age.  Dementia is showing up in our 60s.  People are having strokes in their 50s due to stress. We need to be prepared. LTC insurance is strictly regulated by the NAIC (National Association of Insurance Commissioners) to make sure that rules are followed for marketing and claims.  Learn how our state departments of insurance protect us The America Association for LTC insurance was created in 1988 to educate consumers and support insurance/financial professionals.  You can learn a lot from them The report from Faegre Drinker on NAIC Model regulation can be found Estimate LTC premiums View current and projected costs of care where you live Schedule a meeting with me and Prepare for Tomorrow 

S5 E23 · Thu, March 27, 2025

Don't do these things until after you've considered LTC insurance options

I wanted to title this episode "Stable & Controlled" because that's what LTC health underwriters look for in every applicant's medical history. Today, I share several things not to do until after you've applied and been approved for some form of LTC insurance. We don't need to be in perfect health, but we need to be aware of red flags that the insurance companies will view as an unacceptable risk. Listen and learn what not to do until both you and the insurance company of your choice have made decisions and coverage is in place. Schedule with me to design your plan   Estimate traditional and hybrid LTC premiums   Learn what your state Medicaid system lets you keep Explore current and projected future costs of care at home, in assisted living and in nursing homes   

S5 E22 · Thu, March 20, 2025

Case Study: Is age 79 too late to buy LTC insurance?

I was introduced to a couple ages 79 and 72 who thought it might be too late to plan for LTC protection. Thankfully, companies that offer LTC coverage continue to create new ways to plan and help older Americans protect their loved ones when an extended care need shows up. If you think you may have waited too long, you might be surprized at what is available today. Schedule a meeting to learn more Estimate LTC insurance premiums (These are not the plan I'm sharing today) Check out current and projected costs of care where you live Schedule a quick question Learn what your state's Medicaid system let's you keep

S5 E21 · Thu, March 13, 2025

Questions 9 & 10 - Nursing homes? Paying family?

This week, we answer two questions by sharing some history of the long term care industry. 1) Do I have to go to a nursing home to receive my benefits? 2) Can I use my LTC policy to pay my family? Listen and learn how the LTC industry has evolved over the last 51 years to accomodate needs and desires of our aging population. Estimate LTC premiums Schedule to ask me a question Learn how much income and assets your state Medicaid system let's you keep Catch more episodes Learn current and projected costs for home care, assisted living and nursing home care  Schedule with me to design your plan

S5 E20 · Thu, March 06, 2025

Question 8 - How long will I need to pay my LTC premiums?

Would you rather pay $145,000 or $245,000 in total premiums to have $1,300,000 in long term care benefits at age 85? When we pay our premiums over a shorter number of years, we almost always pay less than if we pay a smaller rate for the rest of our lives. It's important to understand the big picture of both physical and financial health when designing a plan. If I don't ask questions, I won't know if there is a way to pay $100,000 less for the same benefits. Estimate recurring LTC premiums Schedule 15 minutes to ask a question Learn how much income and assets your state Medicaid system lets you keep   Listen to more episodes Learn current and projected LTC costs of home care, assisted living and nursing homes where you live Schedule to design your plan

S5 E19 · Thu, February 27, 2025

Question 7 - Does Medicare pay for long term care?

Many believe that Medicare pays for long term care needs.   Many also confuse Medicare and Medicaid. Listen and learn how both of these government programs work and why we need to understand why it's important to plan for ourselves and maintain control over where we live and who is helping us when we are unable to care for ourselves for an extended and unknown amount of time. What state Medicaid offices let you keep Schedule a meeting with me 15 minutes to ask a question - schedule Check out current & projected costs of care Estimate LTC premiums Listen to more episodes

S5 E18 · Thu, February 20, 2025

Question 6 - What's the best age to buy LTC insurance?

This is always the question.  We all want to wait as long as we can before paying for something we don't want to own to protect our family from something that we don't want to happen.   Let me tell you - if that something is going to happen, it will whether we plan or not. Don't end up where the state Medicaid system "puts you" because you didn't plan ahead. Most people plan 25 years before along term care need arises.  When should you plan?  Listen here.  Schedule a meeting Ask a question Estimate LTC premiums   Learn what Medicaid let's you keep See projected costs of care American Association of LTCinsurance

S5 E17 · Thu, February 13, 2025

Question 5 - Are there tax deductions when I own LTC insurance?

Estimate LTC premiums Schedule a meeting with me Ask a quick question Listen to more episodes Learn what your state lets you keep to qualify for Medicaid Cost of care estimator is

S5 E17 · Thu, February 06, 2025

Question 4 Part 2 - Annuities: can I get my money back if I don't need care?

Annuities can be confusing, and we tried to help keep this clear and understandable, but ---- annuities can be confusing. Schedule a meeting with me to learn more Ask a question Estimate LTC premiums Listen to more episodes  Project future costs of care in your area Learn what Medicaid let's you keep This last link is a link that is shared by 6-8 LTC professionals, so if you'd loke to shecule, pleas eus my first limk above.  Thank you

S5 E16 · Thu, January 30, 2025

Question 4 - Can I get money back if I don't need care?

There are multiple ways to design LTC plans to get mney back of care isn't needed.  Listen to many options today.  Part two comes next week. Estimate LTC insurance premiums here: Schedule a meeting with me here:   Get a question answered here:   Listen to more podcast episodes here:   What your state lets you keep:   Cost of Care estimstor:  

S5 E15 · Thu, January 23, 2025

Question 3 - What is an Elimination Period?

Estimate LTC insurance premiums here: Ask a question here:   Listen to more podcast episodes here:   What your state let's you keep:   Schedule a phone or Zoom meeting here:   

S5 E16 · Thu, January 16, 2025

Question 2 - How much insurance do I need?

LTC Resources  Estimate LTC insurance premiums here Ask a question here Listen to podcast episodes here What your state let's you keep:   Cost of care estimator:   Social Security life expectancy table: Social Security life expectancy by DOB:  

S5 E14 · Thu, January 09, 2025

Question 1 - What does LTC insurance pay for?

Schedule with me at Ask a question at Website: Podcast episodes:   What your state let's you keep:   Cost of Care estimator:      

S5 E13 · Tue, December 24, 2024

Reason For The Season - Song for you to enjoy from us

We wish everyone a joyful Christmas and holiday season.  Celebrate with those near and far,  and enjoy all the bountiful gifts of love and family.  Open your hearts and love those you love even more this season.  Welcome those who are far from your hearts! I hope you enjoy the song my husband wrote a while back to celebrate the true Reason for the Season. Merry Christmas and Happy Holidays!   Psst:  It's me on flute again

S5 E10 · Thu, December 19, 2024

Notice who is helping who this holiday season

As you gather with family and friends this holiday season, I ask you to notice sons and daughters helping their moms and dads perform simple tasks like cutting their food or getting in and out of chairs. Ask yourself and your spouse/partner what you would like to have happen when you reach a point when it's your turn to need help. Do you have kids?  Can they, and do you want them to be forced to help you alone?  Or do you want to prepare a written plan that includes answers to their questions and resources to help them? If you don't have kids, I ask you to think about who will be taking on that role for you? LTC insurance is simply a tool the provides funding for you to be able to control your care experience and to decide with your doctors and family where the best place is for you to receive that care. Who wants to hand that control over to the state Medicaid department?  Not anyone I know. Whether to decide to own insurance or not, you need a plan.  You need to write that plan down and share it with your family so they know what you want and where you want to be. Email me at to request two free planning guides to help you help your family help you. Merry Christmas and happy holidays!

S5 E9 · Thu, December 12, 2024

2 years ago...

Diane shares two client stories and some of her own family's story that have all developed over the last two years. So many people want to wait as long as they can to own LTC insurance, but they fail to understand that health is what buys this stuff.  When health concerns show up, sometimes we'll be required to wait a specified period of time to be able to apply for coverage.  Or we may become an uninsurable health risk, negating all the plans we had wanted to be able to use to protect our family and savings. If you're considering planning for future extended care needs, don't wait! Do it when you first decide to do it.  You are currently the youngest and likely the healthiest you'll ever be.  Use your health and youth to your advantage to obtain the most leverage for the dollars paid into a plan. Shcedule some time with me to first determine if some form of insurance is an appropriate tool for you.  If it is, we'll design a customized plan that  meets your family's unique needs. Schedule and get ready to Prepare for Tomorrow!

S5 E9 · Thu, December 05, 2024

Case Study: Joe 71 & Jenny 72 single premium life/LTC hybrid plan

This week, we're sharing how Joe & Jenny used a single payment to create a paid up LTC and/or death benefit that pay tax-free when care is needed or when death occurs. This couple is in their 70s and are thankfully healthy enough to be approved for coverage. At 71 and 72, the leverage isn't as strong as when we're inour 40s, 50s or 60s, but we were still able to create a plan that pays significantly more than what is paid in. At younger ages, we would definitely use an inflation rider to increase benefitrs over time as we know the costs of care are increasing. This couple was planning tu use their $200,000 for care if one or both of them needs help living at home, in assisted living or in a nursing home environment.  By adding the leverage of the insurance plan, they each have nearly doubled the amount of money set aside for care needs. When we plan in our 40s or 50s, we see leverage at 8-10 times the amount paid in most of the time. I know it seems like we should wait to plan for LTC until later in life, but the leverage when buying younger is amazing.  And, with many plans, if you don't need care, then money goes back to your heirs.  And when younger, we are more likely to be approved for coverage. Schedule with me     to schedule a short call to see if this is something for you to consider.  

S5 E9 · Thu, November 28, 2024

Our Thanksgiving card and song for you

This week, let's all be thankful for the people we have in our lives. We'll get back to preparing to help them help us better when we need help living  - after enjoying those we love most today! Happy Thanksgiving

S5 E8 · Thu, November 21, 2024

Guest interview: Lynda Krueger with Owl Be There Tampa

This week, I interviewed Lynda Krueger with Owl Be There Tampa.  Owl Be There isn't a quick referral by zip code resource.  Or a DIY search through Google. Lynda and her associate improve the lives of seniors with wise guidance around senior living and care. Lynda shares the details of what it takes and how she works to find the right place based on client needs, lifestyles, spiritual beliefs, proximity to family and more. Reach Lynda in the Tampa Bay area at Or search nationwide at and click on locations It's always easier (less complicated) when you have a LTC insurance to help pay for needs at this time of life.  Then the fa,ily can focus on what's best rather than what they can afford.  Schedule to ask me for help planning.  

S5 E8 · Thu, November 14, 2024

Gio wants a plan that does EVERYTHING and more

There are so many ways to design a long term care plan.  However, different planning strategies offer their own unique benefits. For example, LTC Partnership Protection is only available on stand-alone LTC plans. Cash benefits and return of premium options are stronger with hybrid life/LTC and annuity /LTC plans. We will work together to decide which plans and benefits will meet your family's needs best. Listen and learn more and then schedule with me to design your plan

S5 E7 · Thu, November 07, 2024

Do I need to use the whole benefit every month?

Lisa asked if LTC insurance requires us to use the whole benefit every month or can we use less and stretch the benefit period to pay longer. The answer is "that depends". What kind of plan do you have? What kind of care do you need? Where are you living to receive care? Who will be helping you? Listen and schedule with me See what your state lets you keep   

S5 E6 · Thu, October 31, 2024

The nursing home costs $13,000/month. Will the state take my house to pay for it?

This week, a client emailed me an article from Moneywise's retirement section that discussed Medicaid estate recovery. Read the article here -  The reason we plan is so that Medicaid won't take our house or impoverish our family. This link shows what different states let us keep and still qualify for Medicaid to pay for our care - There are several ways to protect against the risk of needing help living at some point in our lives.   Many people think, "I'm healthy. Why would I need long term care assistance?" A lot of times, we don't need help because we're sick.  It's because we get old and become more frail.  It's hard to imagine we may be frail at some point, but our aging parents used to be stronger and more agile than they are today.  Why would we be any different if we live a long life? We need to prepare today for that day when life gets more complicated and difficult for us and for our families. No one really wants to rely on the state for care and be "put" into a Medicaid bed in a nursing home.  We want to stay in control throughout our lives. Having a plan that uses some insurance and some savings/income wil help us to maintain that control  We are paying for our own care, so we get to decide where that care will be provided. Given a choice, it won't be in a nursing home.  And the state won't be involved in out financial plan. Let me help you prepare for your tomorrow today, whle you are yong enough and healthy enough to obtain a LTC plan that meets your unique needs. Schedule    

S5 E5 · Thu, October 24, 2024

Do You Ever Get Depressed Talking about This Stuff?

I promise I'll start talking numbers and cases again next week. We made it through the storms and things are almost normal in our community. This week, I received a question about me rather than about long term care, and I felt the need to answer. Do I get depressed talking about getting old or getting sick all day long? I've been working as an LTC Specialist for over 20 years, and you would think I am sad every day. Listen and learn why that is not the case, and then schedule time with me so I can help you and your family prepare for your tomorrow.  

S2 E45 · Thu, October 17, 2024

What are the biggest mistakes people make when considering LTC insurance?

I an still catching up after two hurricanes came through Florida this month,m so I am replaying this episode from August 10, 2021.  Kristina asks about mistakes people make or things people fail to consider when planning for future long term care needs. There are several, but three stand out to me as I have worked too often with people who looked at options many years ago and are looking again today.  Others planned ahead but didn't consider future costs in their strategy.  We also need to consider that, the longer we wait, the more likely a chronic health condition may prevent us from purchasing a plan in the future. Listen and learn, and schedule with me at    Thank you Kristina, for helping to educate families who want to make wise choices.

S5 E3 · Sat, October 12, 2024

We made it through Milton and are feeling blessed

Thank you for all the phone calls and messages asking how we are doing.  Our home is fine.  No damage and no flooding.  We didn't lose power.  Lots of branches to clean up, and the last two days we've been putting all the stuff we had to move back where it belongs. I hear generators and chainsaws whenever I am outside, and I feel kind of guilty for not having as much damage and problems as those around us. We are helping others where we can, but Paul just had hernia surgery a few weeks ago.   The authorities are asking us to stay put until flooding, electricity and other needs are met. I'll hopefully be back to helping you prepare for tomorrow with Long Term Care guidance next week!.      

S5 E2 · Wed, October 09, 2024

We're in Tampa and are staying here throuh Milton

Just a quick update.  We're ok so far.  Hoping for a Cat 3 or less when it hits, likely a little south of us so we'll get a lot of rain.   Presuming all goes as well as can be, I'll update you all on Friday.

S5 E1 · Thu, October 03, 2024

We made it through hurricane Helene, but too many didn't - What does that have to do with LTC ?

This week is tough.  Hurricane Helene ripped through the southeast and surprised far too many families. My family is safe, and those we know in the areas hit here in Florida and in the mountains are safe, but many aren't.  It will take months and even years to rebuild these areas. This made it difficult for me to talk about preparing for tomorrow when there is so much devastation today. Storms that are created by weather and by dementia hit hard when they hit, and we need to be alert and prepared for both. I can help the people hurt by the storm with prayer. You can prepare to fight against dementia by scheduling time to discuss planning options with me at      

Thu, September 26, 2024

Why & when would an insurance company not approve and pay a claim?

To answer this question, I need to first share why and when LTC insurance companies are required to approve and pay a claim, and then I'll discuss where this can get confusing or messed up. LTC insurance companies are strictly regulated by the Internal Revenue Code (IRC) 7702(b). If the plans offered will be tax deductible to some individuals and most businesses, and for benefits to be paid tax-free, LTC insurance companies must adhere to the 7702(b) rule. This week, I'm sharing and simplifying definitions within the 7702(b) code. When we understand when companies are required to pay, we'll be better able to use their own vocabulary when talking with the claims departments. If you already own LTC insurance, you should read the policy and review it every couple of years.  Have your kids read it, too.  And adult children should read and review their parents' policies. If you would like help reviewing your plan, ask.  I'll be glad to to review it with you. If you don't own LTC insurance, it's time to schedule with me at start designing a customized plan to meet your specific wants and needs. Schedule at   

Thu, September 19, 2024

$25,000-$30,000 per month for home care and assisted living?

Today, I want to discuss the financial risk we're facing when planning for LTC needs in 20 or 30 years or more. Home care costs increased on average 10% nationwide from 2022-2023. Assisted Living costs increased 5% on average over that same time. It's not going to get cheaper to get the care we need to get through each day. This information comes from Falls are a big reason people start to need help and support per HelpGuide.org   Caregiving is expensive, financially, physically, emotionally.  We can't be expected to do this alone, without help. If we reach age 65, greater than 50% of us are going to need some form of extended care services. Thankfully, most of us won't be in a nursing home.   But we need a plan to be able to stay home and receive care.  We need to plan to pay well over $20,000/month for care needs in 30 years. Listen to this week's episode of costs of care and schedule with me to design your plan at  

Thu, September 12, 2024

They're selling EVERYTHING to qualify for Medicaid

Yes, a colleague of mine is selling all of her uncle's belongings because he was "put into aged care". Those who plan know where they want to be when a long term care event enters the picture.  And they have the income, savings and LTC insurance to support their plan.  Most stay home with help for most to the need and move to assisted living if care needs increase.  Most don't ever live in a nursing home, and they surely don't get "put" somewhere. People without a plan put their whole family in a crisis mode adter a severe stroke or when Alzheimer's or other dementia shows up. The three questions we need to ask are: 1) Where do I want to be when needing help to et through each day? 2)  Who do I want to have there with me? 3)  How will I pay for this? Needing LTC services is expensive.  Home care easily costs near $40/hour today, and assisted living $4-8000/month.  Costs of care are increasing by about 5% annually. Schedule some time with me to protect your family when life doesn;t go as planned  

Thu, September 05, 2024

Make that inherited IRA create tax-free LTC benefits

On Sunday, Suze Orman discussed the finally finalized rules for inherited IRA's. Listen here:   Today, I'm going to share a case study to share what one of our clients did with some of the IRA funds she inherited from her mom. Some of you know that "non-eligible" beneficiaries of IRA funds are required to withdraw all tne money in the IRA within 10 years and pay taxes on those withdrawals.  If you don't know, listen to Suze's podcast episode from Sunday, September 3, 2024 with the above link. Nicole used $17,000 a year of the $45,000 she is required to withdraw annually over 10 years to create a paid-up long term care plan that will pay more than the entire inheritance she received ($450,000 IRA and $450,000 non-IRA funds). Listen and learn how we accomplished this.  Nicole's mom left her a nice inheritance with an unforseen tax burden.  We repositioned that tax burden to create tax-free LTC benefits for her or a tax-free death benefit for her kids. Schedule with me to learn how you can reposition yout tax-burden at      

Thu, August 29, 2024

What's better than leaving an inheritance?

The two most common reasons people tell me they're looking into LTC insurance are: 1) They don't want to bankrupt their spouse emotionally, physically or financially, and 2) they don't want to burden their children with the responsibility to care for them or to have to pay for their care. Many who say this are caring for a parent who hadn't planned. Many of us in our 50s and 60s don't think we'll ever need care, even though we are providing for our parents.  Why do we deny that we could end up needing help as much as they do today. The best gift an older parent can give to their adult children can be a funded LTC plan for the adult children.  This way, the granchildren won't be facing the same caregiving issues the kids have while caring for the elderly parents now. Parents who are trying to leave an inheritance for their kids can use a small portion of their savings to obtain a very substantial LTC plan for the kids.  This can lessen the burdens of hte next generation. Schedule with me to learn how    

Thu, August 22, 2024

Tom said he doesn't think he'll ever need LTC, so why should he buy a policy?

Tom shared that there is dementia in his wife's family but not in his.  He wants a policy for her but doesn't think he'll need one. My mom's husband said the same thing several years ago, and now he has dementia, at age 68.  She's going to be upset that I am sharing this, but it's so important to consider how your decisions affect your family. You may never need long term care services, but what if you do? Who is going to have to step up and change their lives to help you and for how long? Who is going to decide where you're going to have to live? Who is going to have to sell all your stuff to qualify you for Medicaid? Who is going to sacrifice their future to keep you out of a Medicaid nursing home? All because you never thought you woudl need help someday... There are plans that pay your family back if care is never needed, so why not use some of your money to protect the rest while you're protecting your family from being forced to choose between multiple bad options to meet your needs? Schedule with me to start designing your plan at    

Thu, August 15, 2024

Asking the intrusive health questions gets more approvals

This week, we're talking about health qualifying for LTC benefits. What to do... What not to do... LTC planning is all about timing.  If you apply at the wrong time or with the wrong company, you could be declined for something that would have been approved had we waited for the right time or company.  We don't want to make this mistake. It takes a lot longer to overturn a decline than it does to wait until the best time to apply for a more likely approval. LTC underwriters really are nice people.  Their job is to find reasons someone would be too much risk to the company's other clients.  My goal is to know where and when you are most likely to be approved. If you have a health concern and wonder if it is an acceptable risk to getting LTC coverage, ask me for help.  The insurance companies are not a part of our conversation until we invite them in with an application. Schedule at  

Thu, August 08, 2024

Questions I hate to get

Too often, people contact me when it's too late to access all their LTC planning options. Some people believe they are planning ahead at age 80. Some people wait to inquire until after a diagnosis either limits their options or makes them altogether uninsurable. The earlier we plan, the more choices we have, AND the more benefits we can obtain for the least amout of premium. Business owners can deduct LTC premiums, so it's helpful to pay for the plans while you still own the business, to get additional tax write offs. C corporations can deduct 100% of LTC premiums without a cap. LLCs and S Corps have a maximum they can deduct.  The 2024 caps are below.  These are per person Age 40 or less  $470 Age 41-50  $880 Age 51-60  $1760 Age 61-70  $4710 Age 71+    $5880 Schedule with me to learn more  

Thu, August 01, 2024

What questions do we get most often?

This week, my husband, Paul, asks me multiple questions that we get quite often.  I'm guessing you've asked at least one of these questions if you've been considering LTC insurance to protect your family from an extended care need. Please email me additional questions you may have, and I'll be glad to answer you.  I may even use your question for a future episode. In fact, I challenge you to ask me a question I've never heard before. Schedule time to strart designing your plan at  

Thu, July 25, 2024

Why is it important to work with a LTC Planning Specialist?

There are many professionals from whom you can purchase LTC insurance, but an LTC Planning Specialist is going to have the most knowledge and training about all the options that can be available based on unique needs of each person or family. This week I'm sharing what to watch out for when you work with different kinds of professionals.  I'm not saying that every representative who does not specialize in LTC will not do a good job. I'm sharing things to watch out for because this is one of the most important decisions you'll make regarding your family's future. You need to be sure you are protecting those you love and your life savings using the most appropriate method to meet your needs. LTC Planning Specialists are not afraid to ask the hard questions that need to be asked to do the job right. LTC Planning Specialists will wait for the best opportunities for you to be approved. Schedule with me to learn how you can protect your family, savings and choices at a time when you may be the most vulnerable.   email me at to ask a question

Thu, July 11, 2024

What's a 1035 exchange?

Several people are asking if they can use their life insurance policies for long term care needs. Some newer life insurance plans include a chronic illness rider that let's you use the dealth benefit while still alive and needing help living through your day.  Those plans don't consider that needing care wil cost much more in the future, however. Older life insurance policies generally don't allow early use for LTC needs. You can exchange those plans for a plan that wil pay for LTC.  Some of the LTC plans will also pay a death benefit if care is not needed. Listen and learn what Rob & Judy are considering with their old life insurance policies by using the IRS 1035 exchange rule to reposition their plan feom a death benefit only to a death and LTC benefit. If you own life insurance with cash value built up, you can use that cash value to create an LTC plan wil little or no premiums. Schedule with me to learn how  

Thu, July 04, 2024

What if I die before using all my LTC benefits?

Teresa wants to know what happens to any LTC benefit money she doesn't use. There are plans that pay your family back if no care or little care is needed, but that's not why we buy insurance. Insurance by definition is a guarantee against the risk of loss or harm.  We buy insurance in caswe we need it. Any help our family gets will more than likely be accepted with gratitude.  Without outside help, caring for someone is a full-time job in itself.  Then we need to take into account all the other stuff that needs to be managed. The most common thing I see is that people don't open their claim early enough.  As people age, they try so hard to prove they don't need help.  They don't see that if they use their benefits, they are giving so much back to their family. Whether you own LTC insurance or not, you need to have a plan.  And you need to share your plan with your family so they know what you would like to have happen when extended care is needed. Email me for a planning guide you can use to start the conversation - Schedule an introductory meeting with me at  

Wed, June 26, 2024

They said I was too big to qualify for LTC insurance. What can I do to protect my family?

Alicia's insurance agent told her she was too short for her weight and no LTC insurance can be offered to her. Turns out that agent only represented one company.  Other companies will consider her build (height/weight).   Many people are either very small or very big.  There are alternative solutions to planning for future care needs that can help those outside of the weight limits of most companies.   Some companies don't ask about build or health at all, while some have more lenient health requirements than others. If you've been told you can't qualify for LTC insurance, it is wise to ask for a second opinion. Reach out to me to ask what else can be offered to help you protect your family, assets and choices https://calendly.com/diane-p4t/30min

Wed, June 19, 2024

When I Met Alzheimer's Face to Face

We have a lot of new listeners, so I'm taking you back to one of our earliest episodes to share my "Why".   I became a long term care specialist because my heart yearns to help you not go through what I and my family went through in the same degree. Currently, there is no way to prevent Alzheimer's disease from overtaking a person's brain, but there are ways to make it just a little easier on the family as they work to help as much as they can. My aim is to help you reduce the emotional, physical and financial consequences that dementia carries. We need to ask ourselves if we will have a plan to take care of the immeasurable risks of a long term care need, or will our needs eventually control our plan. Let me help you Prepare for the Tomorrow that we all hope never comes, but too often does.  Schedule tome with me to protecxt those you love most  

Wed, June 12, 2024

My lifetime of mistakes that you shouldn't make - really only 3 of them

This week, you just need to listen and learn from my mistakes.  Some I made as a kid, and the most recent was over the last few years.  I didn't want to seem intrusive when that is exactly how I should have been.   Now, I am just sad.  Sad that I didn't do what I've been encouraging you to do.  I tried, but I didn't try hard enough.  If you need caregiver support, go to The Alzheimer's Association has support info at Schedule time with me to plan today so you can be prepared for the storms of tomorrow at   Email me a question at  

Wed, June 05, 2024

Case Study - he turned $100K taxable gains into over $500K tax-free LTC benefits

To deepen our look into LTC annuities, this week we review how Danny 1035 exchanged a $160,000 variable annuity to a LTC indexed annuity with tax-free benefits for extended care needs.   His cost basis (amount he originally deposited) was only $54,000.  He has a lot of liquid assets and doesn't need the $160K to live on today. He is also an uninsurable health risk for almost all LTC funding options other than Medicaid, which he wants to avoid. Listen and learn how we moved his $160K into over $435K in tax free LTC benefits.  The account and LTC benefits balances will continue to increase over his lifetime. Now he has a dedicated stream of tax-free cash for care needs and is free to spend the rest of his retireement assets however he chooses. If you or someone you love has been holding onto an annuity because they don't want to pay taxes when withdrawing, ask me how you can also create tax-free benefits for care.  Leave Uncle Sam out of your plans. My calendar  

Wed, May 29, 2024

Pension Protection Act - create tax-free LTC income using taxable gains on non-qualified annuities

This week, Diane shares how the PensionProtection Act passed in 2010 makes it possible to 1035 exchange non-qualified annuities into various LTC plans that generate tax-free income for extended care needs. Not all annuities are tax-free for LTC.  LIsten and learn how different rules apply to different annuity forms. If you or somone you know has an annuity that they don't want to use due to many years of taxable earnings when withdrawn, consider 1035 exchanging that into an LTC annuity with tax-free income for long term care. If care is never needed, the annuity is passed to beneficiaries just like  other annuities.   Let's work together to learn if you can design an LTC plan that saves taxes and dosen't impact your budget. Schedule with me at to learn what is available inyour state.

Wed, May 22, 2024

We think we're saving on premiums, but what's the real cost of waiting?

We think we can beat the insurance company by waiting as long as we can to purchase LTC insurance.   In truth we're just beating ourselves up. Every year that we wait is one more year of no increase in benefits.  By waiting just 5 years, we could eliminate over $100,000 in future benefits.   I'm sharing two stories today.  One client decided not to wait, and she'll have more than $100,000 in added benefits by not waiting. The other has waited over 13 years and still wants to wait.  During that 13 years, he has lost over $600,000 in future LTC benefits when he is 84.  He'll either not have as much LTC benefits, or he'll need to start with a higher anount of coverage to attain the same results. If protecting your family from the physical, emotional and financial consequenses of an extended care need is important to you today, it's foolish to wait. Schedule with me today to protect your family  

Wed, May 15, 2024

I promised your mom

This week, I'm sharing updates on the four clients with LTC claims that we shared on February 22nd. I have been walking with these families as they prepare for and begin extensive caregiving needs for their moms and wives. I can't imagine how hard it would be to navigate the claims process without guidance from an LTC Specialist. Some phrases I've heard along this journey are: "Everything changes every day.  The stuff I needed to help with yesterday is completely different than what she needs today." "She doesn't remember ANYTHING I tell her." "I'm so glad you're here to help me get this in place.  I don't know how I could do it alone." Opening an LTC claim is not that complicaed, if you know what to expect.  I feel like I'm a relevant part of each family's team as they work to help their loved one get through each day.  I'm honored to be involved, and I'm thankful that God has placed me in this role to help with such extreme needs. If you don't have a plan for your last few years, contact me.  We'll work together to make sure you have a plan, and that you and your family understnad how that plan works.  

Wed, May 08, 2024

Interview: Jay Zigmont with Childfree Wealth - Who's going to bring me my chips?

This week, I enjoyed a great interview with Dr. Jay Zigmont with Childfree Wealth. Their website is I learned that 25% of U.S. adults don't have kids.  That's a huge part of our population that is underserved in the retirement planning community.  Many planners consider that with our without kids, your plans should be similar,  and that's simply not accurate. When we dont have kids, we know we need to have a plan for long term care needs.  Many parents presume their kids will take care of them, or they'll at least make sure they're taken care of.  Childfree folks know that this is not an option.   If married and childfree, it's important to make sure that an extended care need like dementia or a stroke for one won't bankrupt the other. If married or not, we all have an idea of what we really care about in regards to long term care needs.  We need to dig in and ask how are we going to make sure that this happens?   That I live in the place I want to live if I can't live alone That I get those little things that make me happy (for me it's cheesecake - I don't eat it now, but if I make it to 90, I want that to be my breakfast every day). That I have enough money to take care of myself gracefully - and don't end up with less than than Zero and on Medicaid Jay's childfree clients know that they need a plan, and they create that plan - usually in their 40s, when it's most affordable and can be paid up long before retirement. Jay takes well known planning concepts and turns them into childfree planning strategies. Feel free to reach out to him at Contact me if you are childfree or not.  We can design your LTC plan together -    

Wed, May 01, 2024

How can we afford to pay $270K annually for care in 30 years?

We need to start planning now, 30 years before we think we'll need help living. It'a hard to believe that care could ever cost that much, but in 2001, when I started working in the LTC industry, nursing homes were $1000/month.  People I spoke with thought that was so unfair. Use Genworth's Cost of Care report to view projected future costs here  Be sure to input 5% inflation growth to budget accurately. Most of us would be happy if care for dementia or mobility concerns was only $1000/month. In 1990, home care costs were about $11/day. Getting old and needing help is not ever going to get less expensive, so we need a plan. This week, I share the plan Maureen and I designed to create $250K annual LTC benefits in 30 years, when she is 80.  She has enough income and assets to cover higher costs withoujt hurting herself or her family financially. Listen and learn about the plan she chose to protect her family and, even more importantly, her CHOICES.   Schedule with me to design your plan at  

Wed, April 24, 2024

Home Care Costs Increased over 14% March 2023 to March 2024!!!

If we want to make sure we can stay home when long term care is needed, we need a plan.  We need to afford the care we want. If costs of care continue to increase every year like they have been, this is not something most of us will self-fund without bankrupting ourselves or destroying family relationships. The first thing we need to do is admit that we'll probably need help living at some point. Bill Comfort with Certification for Long Term Care says, "If we don't die, wil live long lives.  If we live long lives, we get old.  And when we get old, we need help living." We need to prepare for this and presume we will be the one who lives a long life. How are we going to get the care we need?  Who will provide it?  How will we pay for it?    Will we pay in dollars or with the physical and mental exhaustion of our family? Let me help you prepare to live a long life successfully.  Schedule with me at

Wed, April 17, 2024

How can I be sure the insurance company will keep their promise to pay?

In other words, why shoud I trust the insurance company? All insurance companies, and especially LTC companies are heavily regulated and watched closely by all 50 states.   States monitor complaints to ensure compliance. Regulators work with the consumer and company to assist with payments. Often, regulators explain to consumers why a claim isn't being paid and advise the consumer what they need to do to complete the claim requirements. Listen and learn how may ways the Elimination Period is defined by different companies.  It's no wonder we get confused and frustrated. All the more reason to work with a LTC Specialist like me who understands these key differences and can explain them clearly so you know what you are considering. When you understand what you own, there won't be surprises later. Let me help you design your plan.  Schedule here https://calendly.com/diane-p4t/30min

Wed, April 10, 2024

Where is the urgency?

We live in an "I want it now" culture except when it comes to planning for extended care needs.   Why do we feel the need to wait as long as we can to consider and design our LTC plans? Once someone learns that there is a need for LTC insurance in some form, it takes 5-7 years on average for that person to contact someone who can help them purchase coverage. I get that we don't want to plan for when something bad happens like we get dementia, have a stroke or need help getting through each day.  But these things happen whether we are prepared for them or not. We will receive care from someone no matter what happens.  If we have a plan, we retain control of our choices when we do need help. If we continue knowingly or unknowingly using the default plan of "spend all my money til I'm broke and then rely on the state Medicaid system", then we no longer can choose where we live.  The state puts in the next available nursing home bed.  This may or may not be a nice, clean, friendly place. Why do we leavethis to chance? Schedule time with me to prepare today tolive how and where you choose tomorrow  

Wed, April 03, 2024

How can I be sure I can live at home no matter what happens to me?

This week, Diana wants to know what she needs to do to be sure she can live out the rest of her life in her owm home. I know we're all asking this question, because we want to stay home no matter what as well. That really depends on how much support and assistance we can rely on from our family.  Do they live nearby?  If they say they will help us, are they actually able to do so?   If we own LTC insurance, how many hours of care will the benefits cover?  If it's not enough for 24/7 care, how will the family be able to support us around the insurance paid hours?  These conversations have to happen now, before a care need shows up, so everyone knows their role. If you'd like to add LTC insurance in some form to your plan, so you can help your family help you better, schedule with me  to start a conversation  

Wed, March 27, 2024

Is the LTC plan my company is offering the same as one I can buy on my own?

Employers are seeing their employees reducing hours or leaving work to care for parents, spouses and other family members. They're searching for strategies to help keep employees at work.. Group LTC plans are again becoming popular, and they look different than they did in yesteryear. Listen and learn what is available as an LTC worksite solution. If you own a business or you are an employee of a business and want your employer to consider group LTC, contact me for information  Schedule 30 minutes with me to inquire  

Wed, March 20, 2024

Questions we can't answer today need to be addressed anyway

In last week's episode, Diane shared a boatlod of questions we need ot be asking when planning for extended care needs (LTC needs). This week we cover the questions that can't be answered until that need invades our family. Although, we may not know what, when, where, or how long , we still need to plan early so we can be prepared for whatever happens. How can we do this?  Listen, learn, and schedule a meeting to discuss planning alternatives.   My calendar: Email me to receive a planning guide  

Wed, March 13, 2024

The LTC plan everyone needs - with or without insurance

Long term care planning is about more than the insurance or funding for care.  This week, Diane shares important questions we and our families need to be asking today. Regardless of where you will live, who do you want helping you?  Do they know this?  Are they able to do what you need? What do you want to have happen when extended care is needed?  Where do you want to live?  It's much easier to have these discussions today, while you're not in the middle of a crisis. Have the conversations now so your family and loved ones will have a blueprint of what you have and what you want.  They'll then be able to make better decisions for you and with you regarding your care. Funding your plan is still very important, so schedule time with me to research ways to do so at   Much of the information I'm sharing is from LTC Planning Guides designed to help create these family conversations.  I'll gladly send you a guide when you email me a request at

Wed, March 06, 2024

Rate increases are the elephant in the room

This week, Mark asked if he can expect his traditional LTC premium to double every 12 years. Many older traditional LTC policies were priced inaccurately and are now receiving increases to match today's expected risk.  Listen and learn what has changed since these policies were offered.  Learn how the regulators and the insurers are working to keep rates more stable. Learn what you can do to secure a plan that is guaranteed to never have a rate increase as long as you live. Learn why it's wiser to start planning at younger ages, even in our 30s. When you're ready to start working on your plan to protect your family, savings, and choices, schedule a phone or zoom meeting with me to discuss what options are available for you. I work in all 50 states.   

Wed, February 28, 2024

Baseball and Long Term Care - What league are you in?

It's February and spring training season in Florida.  Listen to Diane compare different types of planning strategies to the A, AA, AAA minor leagues and to Major league Baseball. Different levels of plans can be designed to meet each family's unique needs and budget. Just like in baseball, we need to Prepare today to be ready for a strong season, carry the playoffs and make it to the World Series of long term care. I can't say that needing extended care is like winning the World Series.  I can say that when we plan early, and do the work it takes to Prepare for Tomorrow, our whole family will be celebrating with us rather than frantically seeking answers with 2 outs and 2 strikes in the bottom of the 9th inning. Enjoy this baseball season, and schedule time with me to Prepare for your Tomorrow today! https://calendly.com/diane-p4t/60min

Thu, February 22, 2024

What happens at claim time?

I have four clients opening LTC claims this week.  Three are for memory care, and one is for hospice care for teminal cancer.   All are women in their early 70s.  I wish no one ever needed to use the LTC plans we've developed, but I am so glad that I have answers and can assist when their family memebers ask for help and guidance.  All of these women were in great health when they bought their plans, most over 10 years ago and one in 2020. One claim was declined, and I'll share why in this episode.  I brought in Amada Senior Care to help get thr decline overturned.  Amada is a home care agency, and they are very detail oriented when helping people with claims, even if the claim is for care communities away from home. If you need help with LTC claim, reach out the them at If you need home care services, Amada's caregivers are top notch!!! When you're ready to design your LTC plan, schedule with me at and we'll get to work to protect you, your family, your savings, and your choices when care is needed.

Wed, February 14, 2024

Peace - Love - Joy - Hope

Peace - Love - Joy- Hope These are things we want for our kids and those whom we love most. Love is having a plan, when life doesn't go as planned, to not disrupt our family more than necessary.  We need to plan for our future so we don't steal our kid's futures from them. Almost everyone who asks me about LTC planning does so as an act of love for their family. We don't want to burden our kids. We don't want to hurt or bankrupt our spouse. We want to live at home near our loved ones when long term care is needed. We don't want to force our kids into impossible decisions. Let's work together to show your family how much you care by showing them our futures are protected so their's will be, too. Schedule with me to build your LTC plan today  

Wed, February 07, 2024

Case Study - If she had an cash indemnity plan, it would be so much easier

Most of us want to stay home when long term care services are needed.  Often, we can if we have a strong family support system. Sometimes, it's safer to move to assisted living for more hands-on assistance. Pathfinders Downsizing Solutions can help you resize your living arrangements when you move into a smaller space.   Reimbursement LTC plans can't pay for a home care person to stay with us in a facility setting because the care licenses are different for each type of care. Cash indemnity plans pay cash, and you decide how and where you want to spend it.  You can pay for your friend or home cre worker to sit with you at your assisted living home. Listen to how Margie's care needs could have been better met had she owned a cash idemnity plan. Schedule with me to begin designing your plan to protect your family, assets and choices when you need help living and getting through each day  

Wed, January 31, 2024

Which words help and which damage our ability to plan for or receive LTC benefits?

This episode is all about words. Words that your doctors enter into you medical charts... Words that you use when attempting to open a long term care claim... Words your doctors use on your LTC Plan of Care when opening LTC caims... Words you share with your doctor that get added to your medical records... We need to be aware of how helpful or how damaging words can be in each of these situations. Most important is that the AMA has approved a simple blood test to diagnose Alzheimer's with 97% accuracy.  These words in your medical charts will eliminate almost evey kind of LTC plan offered. If you're considering owning LTC insurance, you need to get it in place before doing any genetic testing that could prevent you from owning this valuable protection, especially if you have that Alzheimer's gene. Let's design your LTC plan and put it into effect so you won't need to wonder how words can effect your future.   

Wed, January 24, 2024

What are our parents thinking? And why?

I've heard so many stories from adult children who have parents that own LTC insurance and don't want to use it.  Why? Our aging parents refuse to admit they need help getting through each day.  Why? We're going to tackle these questions and more this week. I'm sure you have either experienced some of these situations, or you know someone who has. This week, we're going to teach you how to coach your parents so that they learn to want the help they've already paid for.  We're also going to share how to get the claim opened and working to help your parents - and to give you some well-deserved rest. Letr me help you plan for your futuer needs as well. Schedule here -   

Wed, January 17, 2024

What is Underwriting? What is reverse underwriting?

A woman whom  I've been encouraging to purchase LTC insurance over the last 2 years contacted me this week.  She shared that she had a TIA (Transient Ischemic Attack) in December and wondered if that disqualifies her from buying a plan. This happens far too often.  People explore LTC plannng options and then decide they want to wait to buy a plan for whatever reason they tell themselves is justifiable. Then a health concern shows up and limits options severely. This week, I'm sharing what different types of plan structures use to decide if we are an insurable risk.   If you're considering ways to protect your family, savings and choices later life when you need help living, the time is now to put a plan in place.  We need to move when we are the youngest and healthiest we will ever be. We don't know what tomorrow will bring. Don't make your family suffer because you don't believe you'll ever need help living through each day.  Schedule with me to begin designing what could be the most important protection strategy for your family.   

Wed, January 10, 2024

Welcome to Preparing For Tomorrow 2024!

Welcome 2024!  The LTC industry is getting more exciting every day (for me anyway).  In this episode I'll share some changes that have occurred in 2023 and also what we can expect in 2024 and beyond. We are heading in a positive direction... More people are aware of ther need to plan More employers are implementing worksite LTC plans along with more family caregiver support for employees More plannng products are becoming available for both individual and worksite LTC solutions Cost for plans are starting to decrease...a little bit. The time is now to design your plan to protect your family, assets and choices.  Schedule an introductory meeting with me to learn more    

Wed, December 20, 2023

Marry Christmas - Happy Holidays - Welcome 2024!

S3 E3 · Wed, December 13, 2023

Can I stop/pause benefits after I start using my LTC insurance?

Emily in MIchigan has a cash indemnity LTC plan.  She asked, "Do they just keep paying until the benefits are all used or can she stop the payments mid-stream if care is no longer needed?"  Indemnity plans simply pay the maximum benefit each month without any need for invoices to be submitted, so how will they know to stop paying?  Diane shares some key differences in how both reimbursement and indemnity  LTC plans work.  Let's talk and find out which may work best to protect your family, assets and choices.   You can schedule time to design your plan to protect your family at   I'm glad to help!

S4 E10 · Wed, December 06, 2023

Will you review my LTC policy and tell me if it's right for my needs?

Nick asks if Diane will review his current LTC plan and help him to understand how it works and if it will do what he thinks it will do.   Unfortunately, we find many people in this situation.  They bought a plan several years ago and never again saw the agent who sold it.  Too many agents don't think beyond the sale, while the clients really need their help many years, or even decades later. Too many plans are built to cover today's needs, without considering that costs of care will increase tremendously as our population ages and needs help living.  We need to know that home cre 30 years ago cost about $10/day , and today it's about $30/hour and more in some areas of the country. Why would we not consider inflation? If you would like a policy review, we are available to help you understand your plan and determine if it is appropriate for what you believe your extended care needs may be - where you will live, the costs of care there, and the people you want caring for you are all part of your plan. Reach out and ask us for guidance.  We're here to help Schedule with me at  

S4 E9 · Wed, November 29, 2023

LTC Awareness Month - Physical - I'm tired, and I have to stop!

Some of the information for this week's episode is from Check out the "For the Public" tab.   Then schedule some time with me to stop the cycle of family burnout at   This week's caregiver stress is physical.  This stress is often the result of neglecting the other stressors we discussed this month - time, financial, emotional and social. Caregivers too often feel obligated to prioritize the needs of their parent or loved one who needs help.  Then they provide for their own family and career and put themselves last.  There is not enough of anything to provide for themselves at the end of the day.  Family caregivers get overwhelmed and become unable to be their best for everyone who needs them - especially themselves.   We need to acknowledge that we may live a long life.  When we do, we get old.  And when we get old, we often need help living.  When we have a plan for this, we are showing our family, as we always have, how much we love them.  We're giving them permission to continue living their own lives and planning for their own retirement years.  We're showing them that we have the help we need to get through each day.  

S4 E8 · Wed, November 22, 2023

LTC Awareness Month - Caregiver strain - SOCIAL

It's still LTC Awareness Month, and we're still focused on help for the family caregiver.  It's very easy for caregivers to fall into the trap of social isolation and lonliness.  The focus is always on the needs of the care recipient, and the caregiver may feel guilty for wanting things or activities for themselves.  LTC insurance is all about helping the caregiver help us better and longer, without wearing out.   Socialization is a basic human need.  We weren't created to be isolated and alone, and we shouldn't set our kids up to feel isolated and alone.  When we own LTC insurance, we own a bucket of money that brings in people to help our kids help us.   It's much easier to look at a $10,000 monthly home care bill if an insurance plan is paying it, or even some of it.  It's all about where you sign the check.  Would you rather have you and/or your kids sign the front of the check to pay for care, or sign the back? What happens when the bank accounts are depleted?  Our already worn out kids will then be faced with a Medicaid nursing home to continue providing for us, liley not anywhere we would want to live. The NY Times is in the middle of sharing caregiver stories this month.  Too many adult children have been forced to disrupt their own lives for a parent.  And we will do that because we love them.  Read this article and then contact me to stop the cycle of impoverishness we are creating by doing nothing.

S4 E7 · Wed, November 15, 2023

LTC Awareness Month- Caregiver Strain- Emotional

Caregivers get stressed out for many reasons and in many ways.  Some of my information this week is from personal experience caring for my grandma, and also from stories my clients have shared with me over the years.  Most comes from the Family Caregiver Alliance, who provides Caregiver Connections as well as resources to help family caregivers find answers to questions they don't even know to ask.   Far too many people become caregivers, whether gradually or suddenly, not because they asked but because someone has to do it when there is no plan for care of a loved one. Listen and learn some common emotional stresses that most caregivers endure, and sometimes for many years. When we have a plan, we can lessen these stresses on those we love most.  We can set things up so that we can help our family help us better and longer, without getting worn out. If you are a family caregiver, look for support at the Family Caregiver Alliance. When you are ready to design a plan to prevent overburdening your family, ask me for help and guidance.  There are many ways to design and fund a plan, and I work in all 50 states.  Find me at Schedule a phone or zoom meeting with me at  

S4 E6 · Wed, November 08, 2023

LTC Awareness Month - Caregiver strain - MONEY

Long term care is for the care recipient, but it's really about the caregiver, and far too many caregivers are spending their own income and retirement assets to provide for a parent, or an older family member or friend, because the care recipient ran out of money.  You promised to never put them in a nursing home, and you are now sacrificing your own futures in your attempt to keep that promise. Family caregivers are spending, on average, 26% of income to provide this care.  That's a BIG chunk of the budget! As we start to take time off from work to help, not only is our income reduced, but our future income from social security and retirement plans is also diminished.  If we're not careful, we will end up in the same financial position when we reach our parents' ages.  And our kids will be going through these same problems.  We need to stop the cycle and design a plan today to provide for our needs, and for our family's protection and childrens' futures tomorrow. If our parents knew what we spend to provide for their last chapters, they would be devastated, so we don't tell them.  We just keep paying whatever it costs for them and tell them not to worry.   We need to stop and consider that many of our parents chose the default LTC plan, which is spend all your own money until it's gone and then rely on the state Medicaid system.  Maybe they didn't do this on purpose, but they did it.   No one wants to be a ward of the state, so we all need to take the time we need to prepare for our own tomorrows and that of future generations and stop this cycle of government dependence.   Schedule time with me to Prepare for Tomorrow at   Ask me a question at  

S4 E5 · Wed, November 01, 2023

LTC Awareness Month - Caregiver strain- TIME

LTC planning has little to do with the person needing care.  It's really about protecting those we love most from the physical, emotional and financial consequences they'll face when a parent or loved one needs help to get through each day. This month, we'll focus on five stressors a family caregiver WILL face to some degree.  The level of that strain depends on if there is a plan in place to manage and afford the care and responsibilities that come with caregiving. This week, we talk about time.  69% of family/friend caregivers report having to rearrange their schedules to provide needed care.  75% of that 69% are women, who sacrifice our families and our futures to provide for a parent. There are more than 50 million family caregivers helping a loved one today, and most of them need help! TCare is a national company that offers a Complete Way to Help Caregivers.  Check out their resources at Episodes this month are very short and straight to the point. When there is a plan in place, there is less stress on the entire family.  Let me help you design your plan. Let's design your LTC plan today. Schedule with me at    

S3 E40 · Wed, October 25, 2023

If I move to another state or country, will I need to buy a new plan?

Carmen asked if her LTC insurance plan that she bought in South Carolina can be accessed if she moves to another state or country.  It can, but when you are in the planning stages, we need to consider how state Partnership protection differs in different states as well as the cost of the type of care you would like in the state or country where you will reside during retirement.  FYI, the Partnership protected amounts today are still $2000 for the spouse needing care, and in 2023, the community spouse can keep $148,620 in assets.  With Medicaid, income will also be counted and may be required to be used to pay for care before Medicaid starts paying. It's alos important to consider who will be helping you, and which insurance companies offer more flexible coverage options.  shows both today's costs and expected future costs of care in many cities across the U.S.  After viewing this, schedule a meeting with me to help you leverage your risk and pretect your family financially, physically and emotionally at  

S3 E35 · Wed, October 18, 2023

Is there a time limit for me to use my LTC benefits?

Sherry in Texas asked if there is a time limit to use the benefits once her LTC policy is activated.  That depends on how much insurance you own and how it is designed.  You can use the Genworth Cost of Care website to help determine how much insurance will work best to both compliment and protect your retirement savings.  You can find the chart at Schedule a meeting with me to design YOUR LTC plan at   LTC insurance is like a coupon to reduce your out of pocket expenses for LTC needs.  The insurance pays first and then you'll use your income to pay the balance.   You and your family control how long the benefits will last based on your needs.  Contact us to design a plan that meets your specific needs.

S2 E6 · Wed, October 11, 2023

What are consequences of waiting to buy?

Joanne in Alabama wants to know what are the potential drawbacks to waiting to buy LTC insurance.  There are several, but one has more severe consequences than the others.    Ask your question from the Contact Us tab at   Schedule time with me to learn how to prepare today and avoid these consequences tomorrow.  

S3 E48 · Wed, October 04, 2023

Don't do this to your kids!!!

This episode is from 2022, and Diane shares stories from her family and from clients who have shared with her over the years.  These are things our parents have done that caused much stress to the whole family, and they are things that could have been avoided if parents were really thinking about the consequences of their decisions (or non-decisions).  We need to learn from the mistakes of others and use this knowledge to get this right when it's our turn to need help living.  Over half of us will need some kind of help as people are living longer.  Someone told me they read that 50% of babies born today will live to  age 100!  Listen, learn and make a difference in your family.  Let me help you prepare for tomorrow by helping you plan for future LTC needs today. Schedule with me to learn more at   Contact me to request a free LTC planning guide at  

S2 E29 · Wed, September 27, 2023

What can I do if my LTC company raises my premium?

When a traditional LTC plan's rates are increased, it's vital to seek out an expert to learn options rather than just get angry.  This week, Diane shares how her clients, Jim & Linda, can avoid future rate increases and still keep meaningful LTC coverage. Protecting our family, assets and choices are more valuable as we hope to age in place during our final years. If you or a parent receives a letter stating that their LTC premiums are increasing, let me help you determine the best course of action.  Schedule some time with me at   You or they had decided to own a plan to protect family members from having to go through an LTC event isolated.  If ther eis ever anything you don't understand, seek out help to understand your options before making a decision too quickly.

S2 E48 · Wed, September 20, 2023

Why do you need to know my financial information to get me a quote?

Thomas in New Mexico wants to know why sharing his financial details is needed to run a quote for LTC insurance.  Diane offers  multiple reasons why it's important to understand how you expect retirement to be like in order to determine the best way to protect your family and your savings with LTC coverage.  We may uncover a way to pay for coverage without impacting your monthly budget.  It's important to work through ideas to learn the wisest way to be Prepared for Tomorrow. Schedule some time to start working on your LTC plan at Ask me for a planning guide to help you decide what you and your family can do to help you live at home longer during an extended care need.

S2 E43 · Wed, September 13, 2023

What does Tax-Qualified mean?

Kevin in Colorado asked what a tax-qualified LTC plan is and wants to know how a tax qualified LTC plan can benefit his family.  Diane shares when tax-qualified plans were put into effect and how they benefit consumers and business owners when both paying premiums and receiving benefits.  Thank you in advance for sharing this with those you care about most. In 2023, 100% of LTC premiums are tax deductble for a C corporation.  S corporations, self employed, and partnerships can deduct amounts based on age Age <40 = $480 41-50 = $890 51-60 = $1790 61-70 = $4770 71+ = $5960 Schedule with me to learn how you or your business or employess can obtan tax-free LTC benefits while securing additionalk tax deductions for the business.

S2 E51 · Wed, September 06, 2023

Should I include inflation protection in my LTC plan, even at the higher cost?

Irene in Nebraska wants to know if she should include inflation protection on her LTC plan, at a significantly higher cost. The real decision is to either pay more for insurance by adding inflation growth or pay more out-of-pocket for care at claim time.  Nursing home costs have averaged a 5% annual increase in cost over the last 30 years! Diane shares how inflation protection works and how plans with the rider help so much more when care is needed  She shares how her mom-in-law's plan had grown over 25 years and the value it provided during her home care journey since April, 2020.  If it's in the budget, inflation protection is a must for almost everyone. So many have made preparations for we die, but very few have planned for living and needing help to get through each day for an unknown amount of time. Schedule with me to design your LTC plan  

S4 E1 · Wed, August 30, 2023

Hurricanes & Dementias - cone of uncertainty

This episode was first published in 2022, after hurricane Ian hit Florida a couple of hours south of us in Tampa.  As I work to republish this still very relevant info, hurricane Idalia is getting ready to pass Tampa and hit the "armpit" of Florida.  Unless somethng causes a sharp right turn, we'll miss the  worst of the storm again. There are coastal areas who are expecting over 6' of storm surge tonight.  That will flood homes and businesses throughout our region.  Please send thoughts and prayers to those here and north of us who will experience the wort=st of this category 3 storm. When storms enter our lives, we are either prepared or we aren't.  This is true with weather - like hurricanes Ian and Idalia, bothpredicted to hit Tampa Bay - and with dementia,, which can hit any family without notice. Amazingly, there are many similarities and also stark differences between these two kinds of storms.   The three parts to a long term care plan and to a hurricane preparedness plan are eerily and coincidentally alike. 1) Where do you want to be? 2) Who do you want to ahve with you? 3) How do you plan to pay for this? Are you prepared for the storms that may hit your family?  Ask me for your LTC Planning Guide to help you prepare at    

S2 E34 · Wed, August 23, 2023

Can the cash value in my life insurance be used to fund a LTC plan?

Matt listened to last week's episode about using an annuiy to fund LTC insurance and wants to know if life insurance values can also be transferred to fund a long term care plan.  The answer is yes, and Diane shares how a 1035 exchange can help reduce or eliminate premiums. With Matt's new plan, both the LTC benefits and the death benefits are 100% tax-free and won't impact any tax obligatio9ns or future Medicare premiums. If you have cash value built up in your life insurance policy, and your financial risk of needing extended care is greater than the financial loss to your heirs upon death, we should talk... Schedule some time with me at  

S2 E33 · Wed, August 16, 2023

Can I use an annuity to fund my LTC plan and avoid taxes?

This episode was originally published in May, 2021.  Diane shares how she helped Tom and Kay use a 20 year old annuity to design a long term care plan that pays tax-free benefits for care or pays your family back if care is never needed.  If you recall, interest rates were much lower in 2021 than they are today after the Fed raised rates multiple times this year.  There are more companies offering annuities with LTC benefits worth three, four or five times the cash value of the annuity. If you have a non-qualified (non-IRA) annuity that has been earning interest for several years, you've never paid taxes on those earnings and wil have to when you start withdrawing money - UNLESS YOU TRANSFER THAE VALUE TO A NEW ANNUITY WITH AN LTC RIDER!   Listen and learn unique ways we can avoid taxes while we protect our families, our assets AND our choices when we need help living.

S2 E40 · Wed, August 09, 2023

Can I use my IRA to fund an LTC plan for my spouse?

Rick in Vermont will need to start withdrawing $50,000 annually from his IRA the year this was recorded.  He already owns LTC insurance and wants to buy a plan for his wife.  He wants options to use his IRA to pay for her insurance.  Diane shares why they contacted her and how she's helping them prepare for tomorrow. Don't let an unscrupulous agent trick you into "seeing what you can qualify for" without telling you that they are applying for insurance.  There are numerous consequences in this circumstance, they worst of which would be a decline on your health history, which makes it more difficukt to apply for coverage elsewhere. Thankfully, Rick & Maureen did not, but could have faced that problem priorto finding me. Schedule a phone or Zoom meeting tolearn what can be avau=ialable to help you protect your family at  

S2 E19 · Wed, August 02, 2023

How is long term disability insurance different than LTC insurance?

In this episode, Melanie Erb-Wokurka with Juice Plus in Tampa, Florida, wants to know how LTC insurance is different than the long term disability plan her company is offering.  Listen as Diane shares how the products are different and where each fits into our planning puzzle.  For asking, we'll send Melanie a gift to say thank you for helping listeners understand what to consider when preparing for tomorrow.

S2 E22 · Wed, July 26, 2023

Is it worth it to wait for better health?

This week, I ask you a question rather than the other way around. What consequences are there to waiting to buy LTC insurance that you may not have considered?  Many people want to wait until they are at optimum health or until they fit in those old jeans before they apply, thinking that a better health and build will lower their premiums.  Insurance companies can release new plans or adjust discounts when they see the need, and when states approve the changes.  If you're considering LTC coverage, sooner is almost always better than later.   Thankfully, my husband and I bought our LTC insurance (at age 35) five years prior to a Multiple Sclerosis diagnosis.  The illness is not affecting my health much today,but at age 56, I am an uninsurable risk with almost every company. Schedule some time with me to look at your options while those options are available to you.    

S2 E42 · Tue, July 18, 2023

What are some pitfalls to watch for when considering LTC coverage options?

Beth in Tampa, Florida asks another great two questions!  She wants to know what are some critical or costly "items" that may not be covered by LTC insurance.  Diane shares how LTC insurance works and what to pay attention to when planning and also when opening claims so you can be sure to get the most from your plan.   Use the Genworth Cost Of Care site to find bot tody's costs and projected future costs of care anywhere in the United States at Schedule a zoom or phone meeting with me to design your plan at  

S3 E32 · Wed, July 12, 2023

What are you really sacrificing when you wait to buy LTC insurance?

There are a lot of numbers in this eposide.  I recommend you listen to it the first time all the way through and then listen again to grab the math.   The younger we are when we plan, the less total premiums we'll pay over our lifetimes.  And if we shorten the premium duration to 10 or 15 years, we can save significantly more while building a much stronger plan when we need it most. More importantly, this episode shares how, by waiting, we significantly reduce the amount of LTC benefits we can obtain when they will be most needed.  Diane shares typical premiums for a 31 year old and a 51 year old, and the corresponding benefits.  Would you rather have $840,000 or $2,200,000 to pay for care?  Would you rather cover half of your monthly home care or assisted living bill or 20% of it?  It's so important to plan early to protect your family, assets and choices to the best of your ability.

S3 E39 · Tue, July 04, 2023

Prepare Today to Celebrate Independence Tomorrow

This week, Diane shares how LTC insurance can help us to remain independent and maintain our freedoms.  Eleanor Roosevelt said, "With freedom comes responsibility".  When we have a plan for when life doesn't go as planned, we give ourselves permission to live out our retirement years the way we choose.  We won't have to wonder if we have enough money set aside to pay for extended long term care needs because we already have a bucket of tax-free money dedicated for that purpose.  Connect with Diane to customize a plan to protect your freedom, family, assets and choices.  Celebrate safely with family and loved ones.  Schedule a meeting with me at   Ask me for a FREE Your Life Planning Guide   Never an obligation to buy...Always an opportunity to learn

S3 E19 · Wed, June 28, 2023

February Case Study: What if I was declined?

Meet my client who was declined several years ago for LTC insurance.  Learn what options she has today to protect herself, her family and her assets from the risk of needing long term care at home, in assisted living or wherever care is needed.  Once a decline is in your history, it's important to know which companies are more likely to approve an application.  Ask me, I can help you find answers. The episode was fies published in February, 2022, and more tax-free LTC products have been released in several states since then.  The LTC insudtry is continually searching for better options to help us be able to grow old with dignity. Schedule q phone or zoom meeting with me to discuss your planning options  

S3 E42 · Wed, June 21, 2023

Why should we include our adult children when planning for LTC?

This episode was originally published on July 19, 2022, and we heard from the kids.  What do they want to know about our LTC insurance plans?  How will it help them if we have a plan to provide for our needs?  It's important to include our family when planning for what could easily be the most fragile and most expensive part of our lives.   Having a plan for when life doesn't go as planned shows our kids that we value our relationship with them and their families.  We don't want to burden them by placing them in a position to have to change their lives dramatically to care for us during our last chapters.  It's also important to let our kids know what we would want, and what their roles could be during an extended care situation after a stroke, or if Alzheimer's disease takes our memories.  Let me help you help your kids to help you better during thise times.  Contact me at to request an LTC Planning Guide, or schedule a meeting at  

S3 E29 · Wed, June 14, 2023

How can we use the SECURE ACT to design tax-free LTC benefits?

The Setting Every Community Up for Retirement Enhancement (SECURE) Act was put into effect in 2020.  It delays our RMDs on IRAs until age 72 (yay!), but it also requires most inherited IRAs to be fully liquidated within 10 years rather than allowing beneficiaries to stretch withdrawals over our own lifetimes.  Listen and learn how LTC planning can leverage those distributions to create  tax-free benefits for care.  If you don't need extended care, there is a tax-free death benefit that goes back to your estate, offsetting other taxable monies.

S3 E7 · Wed, June 07, 2023

How long will I have to pay premiums?

Kim in California wants to know how long premiums will need to be paid on a LTC policy.  You decide that, based  on what your income and asset levels are today and will be throughout retirement.  Some plans use lifetime premiums, while others offer shortened pay and single deposit options (like getting a 15 year mortgage vs. a 30 year mortgage).  Which is right for you? When designing a plan, it's important to also design a sustainable funding strategy. Let's figure this out together as we create predictable outcomes for unpredictable situations.  I can help in all 50 states. Schedule with me at https://calendly.com/diane-p4t/

S3 E51 · Wed, May 24, 2023

Do I need LTC insurance if I don't have a family to protect?

This episode is from September, 2022, and shares some things to consider when kids aren't a part of our retirement equation.  Topic to consider - Hope is not a plan.  We hope we'll never need care.  We hope that, if we do, that we have enough money to pay for it.   What if we don't have a family to protect?  Do we really need LTC insurance?    Many people with no kids have had better opportunities to save throughout their lives.  They've lived well and comfortably for as long as they can remember.  People without kids have always been able to choose how they want to live and likely want to be able to continue to choose how they want to live. That can't happen if the assets are depleted and Medicaid starts paying for care.  The state Medicaid system will tell you where and how you're going to spend your last years - you won't get to decide. Costs for long term care are increasing by at leasT 5% annually.  Last year, independent living increased by almost 9% nationwide.  Assisted living increased by almost that much. If we want to stay in control of where we live and who is helping when we can't do things anymore, we need a plan.  And we need to be able to afford to maintain that plan.  LTC insurance is the most affordable way to accomplish this if care is needed.  Ask me how I can help at  

S3 E41 · Wed, May 17, 2023

A plan for wherever you live and whoever is helping

This is a case study from 2022. My client Sandy doesn't know in which part of the country she plans to retire, so we designed a plan that will help her provide for herself in any of the regions she is considering.  It's important to consider what life will be like in 20-30 years when we're planning for LTC needs.  And it's important to research projected future costs of care to understand the real risk we'll face.  In 25 years, home care and assisted living costs can easliy be $240,000 annually.  Having a dedicated, tax-free stream of income to pay for some or most of these costs gives us permission to live out our retirement years without wondering if we will be able to provide for ourselves after a stroke or if Alzheimer's disease settles in. Ask me for guidance at  

S3 E16 · Wed, May 10, 2023

Why is it important to have dedicated funds for care?

This is one of my favorite past episodes.  This is from January, 2022, and my friend that I share here is now paying $18,000/month for her mom to live in memory care.  Mom is healthy, other than her mind being absent most of the time, so we have no idea how long she will live there.  But, as of now, her kids are spending over $200,000 annually from her investments to pay for care.  Losing their inheritance is not the primary concern.  Taking care of mom is.  But as the accounts rapidly deplete for the cost of care, and the higher tax bracket, and the higher Medicare premiums, in not too much longer, mom's accounts will be drained. The question then will be, "Do the kids continue to apy $18,000/month (or more) fromtheir own money to keep her where she is?  Or do they work to qualify her for Medicaid, not knowing where she might be moved to receive Medicaid benefits?" Diane shares how having a long term care plan in place can benefit our family.  This week, we learn that, by preparing our plan early, we are designing a roadmap or blueprint for our family to follow when we need help living.  Without a plan, our life and their lives instantly find chaos when dementia or a stroke changes everything in an instant. 

S3 E37 · Thu, May 04, 2023

LTC insurance buys your family time to make better decisions for your care

This episode was originally published in June,2022, so some numbers are slightly outdated. With a long battle of dementia looming, Bonnie's family is pretty sure she doesn't have enough insurance to pay for as long as she needs.  They know that she has at least 3 years of benefits, and that buys them the time they'll need to plan for a transition to Medicaid, if needed. They won't need to sell her house right away, and she can live there alone for now, with help from her LTC insurance and home caregivers.  They can be ready if she needs to move to assisted living or to her son's home.  The family has options, depending on how her health leads their decisions, and they can remain in control of her choices as they help her transition as easily as possible.  Schedule a phone or zoommeeting with me at  

S3 E44 · Wed, April 26, 2023

Can we buy a small LTC policy today and add more coverage later?

This week, Diane shares three things we need to consider if we are designing a long term care plan with multiple policies purchased over multiple years.  Age, health and insurance industry and company changes could cause us to pay a lot more for coverage later.  Or we may end up not eligible to buy additional coverage when we want to.  However, if we absolutely have to build our plan in pieces, and if some event or industry change occurs that prevents us from doing so, at least we have some coverage in place that will help our family help us better.   Starting early and having your benefits grow over time is a safer way to plan.  Let me help you create meaningful benefits using the most efficient funding strategy. Ask me how at

S4 E4 · Wed, April 19, 2023

Why can't I just get a quote?

Lately, we've been getting a lot of inquiries from adult children of parents who failed to plan for LTC needs.  These people are disappointed that their parents either thought they wouldn't live this long, or if they did, they wouldn't need help living through each day.  The kids are now considering that they may also live a long life and need help someday. Often, these kids want a quick quote for LTC insurance for themselves.  It's not that simple, as there are a lot of questions to work through as well as design and funding options to consider. This week, Diane shares several LTC planning solutions and who would be better off with certain solutions.  We share some limitations with each strategy as well. Thank you to BuddyIns for sharing your wealth of knowledge and resources to help with our research.

S4 E15 · Wed, April 12, 2023

LTC annuities with enhanced LTC benefits

Suze Orman talked about annuities on Sunday, and she brought so much valuable info to her listeners.  You can listen and subscribe here - In addition to fixed and indexed annuities to create a future stream of income, you may be able to use an annuity to leverage LTC costs.  If you have that emergency fund that is turning into a long term care fund the older you get, you can deposit some of that savings into an annuity that includes enhanced or added benefits for extended care needs. Or if you own an annuity that you are not planning to use as income, we can reposition that money into an annuity with added LTC benefits. There are several options with this kind of planning.  The one I discuss this week has the potential to return 10 times (or more) the amount you deposit when you need help with things like eating, bathing, toileting, continence, transferring or dressing.  The annuity discussed here defers taxes on your gains  until you withdraw money.  Others provide tax-free income for LTC needs at two or three times the account value.  If you have several years of tax-deferred growth on your non-qualified annuity, you can move to a new annuity with tax-free LTC benefits and avoid paying taxes on that gain. These work well for people who are very heavy or have health concerns that prevent them from considering other LTC coverage options. Contact me at Let's work together to design a plan with meaningful benefits using the most efficient funding strategy for you.

S2 E31 · Wed, April 05, 2023

Explain the phrase "protect assets equal to benefits paid"

Jeremy in Minnesota asked Diane to explain the phrase "protect assets equal to benefits paid".  This is referencing the federal LTC Partnership Protection Act, and Diane explains how this law works to protect the middle and upper middle class from financial destruction when an exhaustive extended care needs show up.  Partnership protection is approved in 44 states. In this episode, Diane shares how a Partnership qualified LTC policy protects assets and eases stress throughout the family. Jim & Holly don't own a plan, while Pete & Jan do.  Listen and learn how Pete's Partnership qualified plan allowed Jan to not deplete assets that Jan will need to continue living comfortably, while Holly must impoverish herself to get Medicaid help for Jim.

S3 E46 · Wed, March 29, 2023

Don't have LTC insurance? You still need a plan

This week is chock full of questions we need to be asking to make sure our LTC plan is really going to work.  We say we want to stay home, but what are the deeper questions we need to address to be sure that will work?  The 3 parts to a plan are 1) where do we want to live? 2) who do we want to have with us? and 3) how will we pay for this?  We're digging deeper into what these questions and our answers really mean for us and for those around us.  You may not want or qualify for LTC insurance, but your family will still be thankful if you have a plan, write it down and share it with them.  If you would like insurance to help pay for your plan, that's where I can help.  Please ask for help and guidance  

S3 E8 · Wed, March 22, 2023

How does a 1035 exchange work to add LTC benefits to my life insurance policy?

Do you own a life insurance policy that has built cash value over the years, and now your need for that coverage has lessened as your net worth and liquid assets have grown?  Listen and learn how you can 1035 exchange that plan for one that also includes LTC coverage.  If you never need extended care, a death benefit goes back to your estate, and the premiums are guaranteed to never increase

S3 E27 · Wed, March 15, 2023

Same premium; very different tax deductions

This episod is from April 2022, and Aaron in Ohio was seeking tax deductions for his corporation.  He brought me a quote to review, and we found that using the exact same premium amount, how three different tax deductions can be designed just by moving some variables.  There are multiple ways to design a plan to create different results.  When I work with my clients, I ask a lot of questions, and we work together to desing plans customized for each family's unique situation. During tax season, we are all seeking deductions.  Reach out to me at to learn how you can protect your family AND reduce your tax obligations!

S4 E22 · Wed, March 08, 2023

What tax deductions are available with LTC insurance?

As we are all working to file our business and personal income taxes by March or April, I thought I would bring this episode back as we are always seeking more tax deductions.  LTC insurance may be tax deductible, depending on how you file your taxes - as an individual and as a business. This episode is from July, 2020, when our tax deadline was moved to July due to COVID.  The numbers are from 2020, but the principle stands. in 2023, if you file as a w-2 employee, you 'll need to meet 7.5% of your adjusted gross income in medical expenses to deduct LTC premiums. If you own an S corporation or a partnership, there are age range caps that can be deducted.  The 2023 caps are  -  age <40    $480 per policyholder Age 41-50 $890 per policyholder Age 51-60 $1790 per policyholder Age 61-70 $4770 per policyholder Age 71+ $5960 per policyholder Owners of C Corporations can deduct 100% of LTC premiums with no caps Let's connect and find you some deductions while we build leverage against the biggest potential financial risk your family may ever face.  Schedule with me at

S3 E9 · Thu, March 02, 2023

If I have enough money, do I really need LTC insurance?

BuddyIns is holding a webinar on March 23rd at 1 PM eastern to discuss this very topic with LTC guru Phyllis Shelton.  Email me at , and I'll send you an invitation to register and attend.  If you register and can't attend, a link will be sent to you to listen at your convenience. There are many ways to reply to this question, and I may end up replying again over the next couple of weeks.  Today, we are talking about family. When we buy LTC insurance, we are not really buying it for us.  We buy it for our families - so they have the resources they need to be able to help us.  No one will be fighting over costs of care or arguing about why one person is doing so much more for mom than everyone else.  We'll have a plan in place for our needs, along with dedicated funds to pay for those needs.  Our kids can be our kids instead of being forced to be our nurses and diaper changers.  

S3 E33 · Wed, February 22, 2023

Why should I start planning today?

This eposide from May, 2022 is chock full of statistics.  When we're younger, it's more fun to use our money for travel, cars, and fun.  We don't want to think about paying for care needs that could be decades away, but we need to plan early to get the best rates and to have a higher liklihood to be approved.  The youngest person to ever file an LTC claim was 27.  The longest claim to date has paid over $2.6 million over 20+ years, and the client only paid in about $36,000 over 13 years bedore needing care. Also, check out htis article that discusses LTC workforce shortages that make it really important to have dedicated funds to pay for care and move quicly to the front of the line

S4 E20 · Wed, February 15, 2023

How can we continue to bring you valuable content?

We are pausing the recordings for a little while to allow time to thoroughly review the content we've delivered over the last 3+ years (over 150 episodes). I'll be listening to all of our past recordings and organizing them to see more clearly what we may be missing and where we may be focusing too much. We'll continue to publish our favorite episodes weekly to continue to help you to learn, and I'll be sure to keep you informed of updates inte LTC industry as well as with new state and federal laws. I'll include links to important info here in the show notes as needed. As always, I invite you to schedule with me to discuss and design a plan together to protect your family, assets and choices. Schedule at    

S4 E19 · Wed, February 08, 2023

Premium increase or Waiver of Premium, which would you prefer?

Over the last couple of months, I've been helping a women get her LTC claim approved so she won't have to face a rate increase that is scheduled in February 2023. She clearly needs help and can qualify for benefits, but she was using the wrong language. Listen to her story, and learn from her prior mistakes. What do you need to know? 1) Don't just accept what an agent tells you about the policy.  Instead, read the policy and ask questions.  Make sure the person helping you design an implement a plan is a LTC specialist and will be able to help you through this journey, long past the sale. 2) Review your policy every few years, preferably with your family, so you all understand how and when it works 3) Review the policy language and use that language when opening a claim to get a quicker approval When you are ready to start designing a plan to protect your family, schedule a phone or zoom meeting with me so we can do it right the first time.     

S4 E15 · Wed, January 25, 2023

I was just diagnosed with _____, can I still get the insurance?

Too often, we go through the process to learn about LTC and LTC insurance, work though the costs and see how it can work to help us protect our family, savings and choices.  Then we decide to wait to purchase a plan. Sometimes, the reason to wait is very valid - putting kids through school, just changed jobs, building a house, caring for a parent. Sometimes, when we wait, a health concern shows up that increases our risk of needing care.  This may create higher premiums, limit our options or make us an unacceptable risk. If you know you want coverage, don't wait.  LTC insurance wil never cost less than it does today, while you are young enough and healthy enough to be approved with reasonable rates. Ask me for help and guidance at    

S4 E14 · Wed, January 11, 2023

Natural Consequences

We face natural consequences throughout our entire lives.  From not getting up on time to go to school, all the way to not preparing for our last chapter of living here on earth, the consequences of poor decisions are always there.   As adult children of parents who failed to plan, we need to decide if we're going to sacrifice our futures to pay for or provide care for our parents.  When we are forced, we will sacrifice for them because that's what they did for us as we were growing up.   Our parents don't want us to bankrupt ourselves and place our children in a position of sacrifice.  All our lives, they've wanted us to be ok. One of the hardest decisions to make is whether to allow Medicaid to take over our parents' care needs or provide/pay for care ourselves.   We need to stop the cycle of impoverishment that looms when we have not planned for LTC needs.  We need to prepare today so we can be secure tomorrow, when life shows up and changes the rules suddenly. I can help you make your retirement years more predictable by designing a plan to cover the unplanned.

S4 E13 · Wed, January 04, 2023

Recap 2022 and Welcome 2023!

Happy New Year! Let's welcome 2023 with the mindset of being prepared for our tomorrows.  Schedule that family meeting, whether it's to work with me to design a plan, to discuss your LTC plan with your family, or to implement and manage a care plan for yourself or a family member. This week, Diane shares some relevant topics in the LTC world that came to fruition in 2022.  And she also discusses what we can expect going forward into this year. Many people are realizing that they don't want the same plan their parents have, which too often is spend all your money until it's gone and then rely on the government.  Living through that poor decision by our parents, we don't want to have that same burden land on our kids. I pray for many blessings for you and your families in 2023.  And I look forward to helping you develop your LTC plan this year.  This will allow you to know that by creating a dedicated and tax-free stream of income for extended care needs, you are freeing up the rest of your retirement plan for whatever you want and dream for your golden years. Ask me for help to design a plan unique to your family at  

Tue, December 20, 2022

My Christmas Wish

This week, I'm sharing my top Christmas wish this year.  I imagine most 55 year olds would share this wish.  I'm seeking a roadmap and directions I can use to help my parents as they are aging.  My parents are very private and feel uncomfortble sharing their needs and their spouses' needs with me and my sister.  But we'll be the one's managing the next part of their lives. If we knew what they would want, and how they would want it, it would be much easier to begin to make decisions that are truly in their best interests.  If they would/could provide a road map with directions while they are still able to provide this, it will help us grant their wishes as best we can. If you own LTC insurance, tell your kids that you own insurance, and show them where your policy is, so they can implement your plan at the right time. If you don't own LTC insurance, tell your kids that you don't own insurance, and talk with them about what you want and how you plan to pay for your needs, so they can honor your wishes. At holiday gatherings this season, work to schedule a family in person or zoom meeting in January so you can share your wishes with them...so you can give them your roadmap with directions. If you are still in planning stages, contact me to help you design your map and directions.  

S2 E50 · Wed, December 14, 2022

Prepared or not prepared? - that is my question...

I am playing an episode from Septembner, 2021, today because we didn't have time to record this week. My husband was in the hospital with "chest pressure".  He had been feeling "heavy", in his words for a few days and was concerned that something may be seriously wrong physically.  He came home today with a pretty clean bill of health.  He's meeting with his primary doctor tomorrow to learn what he needs to change.   SInce I knew we wouldn't be recording, I Iooked through and listened to past episodes; this one fit perfectly with what I was thinking while he was sleeping in a hospital bed. Are we prepared for this kind of event?  I think so, other than emotionally. All during the month leading up to this, a close family member is starting to have serious memory issues, which will need to be dealt with - for many years, likely. This stuff just shows up , and we are either prepared, or we are not.  If we prepare today, our families will be better prepared for tomorrow.  Life insurance and LTC insurance are not for us - they're for those we love the most.  We need to put aside our pride and admit that things may not always go how we plan.  If we are open to believe that life can instantly change, we can prepare today so that, even though people are saddened, they will not be forced to abruptly change their lives because we refused to plan for the unplanned.  We need to prepare for their tomorrows.

S4 E3 · Tue, October 18, 2022

Is an LTC tax coming to my state?

This week, Diane explores and brings updates on the Washington Cares Act, a long term care tax on all employees in the state of Washington.  There are 14 other states looking closely at adding a state income tax to help fund LTC needs for those or can't or won't plan for themselves.  Listen, and learn what some of these states have started considering and why.   If you have ever wanted to consider leveraging your care needs with insurance, or if you want to learn about planning strategies offered in your state, the time to act is now, before insurance company restrictions and minimum coverage requirements are implemented, and while multiple planning strategies are available. Thank you to for your diligent research and contribution to the LTC industry.  

S4 E2 · Wed, October 12, 2022

Interview: Michael Anthony with Medicaid Success Select

This week is a great interview with Michael Anthony at Medicaid Success Select.  Based in Ohio and working nationwide, Michael's team helps people who need long term care but never partnered with an insurance company to pay for that care.  Medicaid planning helps clients take full advantage of legal exclusions and exemptions in the Medicaid system in order to pay the least amount that the government requires to qualify for Medicaid. Michael says if we can partner with an insurance company to pay for care, we need to do it. It's more cost effective and without the need to find legal loopholes on income and asset caps.  If we didn't or can't get insurance, consider Medicaid plannng is a back up plan.  It's expensive, but better than depleting all of your assets because you don't understand the rules to qualify.   Contact Michael and his team at 800-688-8064 and

S3 E50 · Tue, September 13, 2022

Their advisor told them to wait 3 years to buy LTC coverage...

This week, our case study will hopefully have a happy ending.  The couple was referred to me in 2019, their advisor liked the plan I proposed and told them to wait three years, until they were age 60, to buy the coverage. Today, they are both 61 and still waiting for recent health concerns to be resolved so they can complete an application.  They not only had several birthdays, but the plan they liked is now no longer offered in their state, and the company released a new plan with higher rates. They were healthier three years ago and would have likely been approved. Should the financial advisor who told them to wait be held accountable for that advice?  I think so, but how? We need to consider finances, age and health when designing LTC plans to protect our families. As promised, the Genworth Cost of Care link, where you can check out both current and projected costs in your area, is below.  Be sure to use a 5% compounding COLA when planning for future costs.

S3 E49 · Tue, September 06, 2022

How long will they live?

This is a question so many of us ask when an extended care need invades our world.  We don't want to have to ask this when a loved one needs help living...we feel guilty even thinking about it.  We also find ourselves asking "how long" when we are planning for our own future needs as well.  There will always be some questions that aren't answered until LTC is imminent: When will we need care? Where are we going to live? How much will care cost? How long will we need care? By working with an LTC planning specialist like myself, we can work to understand what the answers to these questions could be and then work together to create predictible outcomes for unpredictable situations.

S3 E47 · Tue, August 23, 2022

Time to resettle into a smaller space? A senior move manager can make it easy

This week, I'm bringing back one of my favorite interviews from the early days of our podcasts.  Janeen Salzgeber with shares what is really involved when we need to resettle into an abbreviated space in assisted living or other care environment.  Her Tampa based company helps their clients decide what "stuff" makes their new space feel like home, and sets everything up to make resettling easier, while also helping to leave legacies for other families who are in need. Her company is part of the National Association of Senior Move Managers a great resource to help simplify home transitions

S3 E45 · Tue, August 09, 2022

IRS rules change; client adds second plan to offset taxes

This week, Diane shares a case study of her clients, Mark and Sharon.  They started planning at ages 61 and 60.  They thought they had done all they could with LTC planning, and then the SECURE Act was enacted in 2020.  There were now serious tax concerns when their kids inherit their IRAs.  Mark wanted to know if there really is a plan that can be funded with IRA dollars to create tax free death and LTC benefits and help their kids with the new tax rules requiring inherited IRA's to be fully liquidated within 10 years.  There really are plans that help with this.  Listen and learn what Mark & Sharon decided, and ask me for help at  

S3 E43 · Wed, July 27, 2022

Interview: Michelle Thomas with The Colonnade at Carrollwood

This week, we hear from Michelle Thomas with the Colonnade at Carrollwood, an assisted living community right in my Tamba Bay neighborhood.  For many years, a group from our church visited and sang there monthly for quite a while.  Michelle shares that this is Resort Style Living with as little or as much assistance as is needed.  Some residents move in for the food and social atmosphere, and don't need any assistance at this point - they just don't want to be alone.  Others need various amounts of help to get through their days.  Colonnade's goal is to help their residents live as independently as possible in a loving, caring environment.  Many people who live at the Colonnade still go out into the community for many activities like shopping and gardening.  Find info at

S3 E38 · Wed, June 22, 2022

Interview: Mary George with Best Years Senior Care

This week, Diane interviews Mary George with Best Years Senior Care.  Mary is a geriatric care manager and helps families find help, resources and care providers when a loved one can no longer provide for themselves.  Often, family members become overwhelmed when a parent is discharged from a care setting and needs to move home, where family members still have everyday obligations outside of the parent's needs.  How will you put all the pieces togethar?  Who can you trust to help make decisions when everything is confusing?  Mary works mostly in Hillsborough county, Florida, and she can refer you to others care managers in other areas. Visit or

S3 E36 · Tue, June 07, 2022

Bonnie said "That's not enough!"

Bonnie bought LTC insurance over 20 years ago and thought it would be enough to cover her future needs. We discussed adding an inflation rider to keep up with costs, but she didn't want to pay the higher rate.  Today, when she needs help with dementia, her plan will pay for 5 hours of home care a day.  Compare that to my husband's mom's plan that paid for 10 hours per day and still wasn't as much as she wanted either.  If you take anything from this episode, I hope it's "Don't skimp!"  Your future self and your family need you to plan wisely.  Thank you to my husband, Paul Stoddart, for recording, editing and creating the music for the podcast

S3 E38 · Wed, May 25, 2022

Interview: Dean Lambert with The Love Always Project

This week, Diane and her guest, Dean Lambert with the Love Always Project share how talking about uncomfortable end of life topics long before a need to talk occurs, it's better for the whole family. Dean shares how the Project helps us change thoughts of death and dying into thoughts of life and living. Share your comments and experiences at  

S3 E31 · Tue, May 03, 2022

When should a 31 year old be adding LTC to their retirement plan?

This week, our 31 year old son asked when he should be adding LTC coverage to his retirement plan.  Diane shares things to consider when planning to be sure you can both qualify and afford LTC insurance.  11 states are working on creating a mandatory LTC tax.  As of today, it looks like the only way to avoid the tax is to not be working or to own your own private LTC plan.  Washington state has already done this. The other states currently  working on a tax plan are CA MI CO MO NY VT OR HI MN IL and NC.  California is closest to a plan.  If you're aleady considering LTC and live in one of these states, you need to move quickly.  Contact me at diane@preparing4tomorrow.com

S3 E30 · Tue, April 26, 2022

We need a plan for when life doesn't go as planned

Most people state they don't want to burden their children with long term care needs like bathing, dressing and going to the bathroom, but they too often don't consider the financial burdens that go along with that.  Affluent people often believe that they don't need to discuss LTC needs because they have enough money to pay for any care they will need.  It's more important to have a plan when there are more assets as siblings tend to argue about the right way to care for mom or what to spend or not spend for care.  Not having a plan too often disrupts families forever.  A plan doesn't always have to include insurance, but it needs to be a plan and it needs to be discussed before life shows up and changes the rules in an instant.  Ask me for guidance at  

S3 E28 · Tue, April 12, 2022

April is tax season - learn what laws are in place to reduce taxes and protect assets

Because I included a case study in last week's episode, go back and listen to Aaron's options for a plan to provide LTC and also reduce his tax obligations.  This week, listen and learn about two laws that have been enacted, LTC Partnership Act and Pension Protection Act, to help consumers preserve assets and let insurance companies create tax reducing strategies for policyholders.  Contact me for guidance and plans to meet your unique needs at diane@preparing4tomorrow.com

S3 E26 · Wed, March 30, 2022

Where is the LTC industry headed?

Last week, I attended my first ILTCI conference in Raliegh, NC.  I met a bunch of great people, and I learned so much valuable information that I will share with you here and over the next months. What are states doing to alleviate the Medicaid system?  How will state programs work alongside private LTC insurance?  What can we do to encourage solid legislation that works? How is our country going to be able to afford to care for an aging population?  How can we as consumers be prepared for tomorrow?

S3 E25 · Tue, March 22, 2022

Interview: Angelett Johnson with Small Assisted Living Coalition

This week, Diane and her guest, Angelett Johnson with Small Assited Living Coalition, share how having a guide, a plan and a team to help us live safely when we can no longer care or provide for ourselves. Visit to learn more about how they can work to help families help their loved ones better.

S3 E24 · Tue, March 15, 2022

How did Nancy choose to protect her family?

This week, Nancy & her daughter Tammy decided to choose a hybrid, cash indemnity plan that will let Nancy use the money to pay for whoever and whatever care she needs, or it will pay a tax-free death benefit to Tammy if Nancy never needs care.  Disclosure: In this episode, I stated that the hybrid plans were not available prior to the Pension Protection Act (PPA) being implemented in 2010.  They were actually available before then, but the PPA law made the benefits completely tax-free if used for care or as a death benefit.  Before that, benefits could not be combined and tax-free.

S3 E23 · Wed, March 09, 2022

March Case Study - which benefits should Nancy select?

Nancy found a cash indemnity hybrid LTC insurance plan that will pay her daughter and pay for licensed professional care if needed.  She just needs to decide if whe wants a larger and level LTC benefit or if she wants to start small and grow the benefits over time.  Listen to her options and email me at to share what you think she would choose, or what you would choose.  We'll learn next week of her final decision

S3 E22 · Tue, March 01, 2022

Is there an LTC plan that I can use to pay my daughter and for professional care?

Nancy is moving into an addition her daughter has added onto their home for her.  She wants a long term care plan that can pay her daughter to help her or pay for professional care at home or in a facility.  She wants to know if there are plans that do both.  The answer is yes, and Diane shares several options for cash indemnity LTC plans available for Nancy as she prepares to protect her family from having to sacrifice to provide for her if extended care is needed.

S3 E21 · Tue, February 22, 2022

Interview: Kelly's dad prepared for his tomorrow so she could still have hers

Diane interviews Kelly Stuart Williams with Pegasos Public Relations and learns how her parent's LTC insurance helped Kelly and her kids manage two parents' needs with two different forms of dementia.  Without a plan, the family could have and would have been thrown into a medical, financial, physical and emotional catastrophe.  Dementia is a big problem already, and having financing and resources from their insurance helped to lessen some of the negative impact of these needs.  Kelly knows her parents loved her, and that they prepared so she could build and grow her marketing business while raising her kids to become three amazing young adults.

S3 E20 · Tue, February 15, 2022

Love is letting our family manage our care rather than provide care when LTC is needed

The best Valentine's gift you can give your family is a plan for when you need extended care.  The National Alliance for Caregiving and AARP recently published "Caregiving in the U.S. 2020", and Diane shares some of their statistics on unpaid caregivers. When you own LTC insurance, you are helping your family to be care managers rather than care providers.  Let paid workers do the work while your kids and family can continue their lives and careers while overseeing your care needs.  Love IS being Prepared for Tomorrow!

S3 E18 · Wed, February 02, 2022

What if I'm not sure what benefits or what company I want?

Marilyn in New York thinks she knows what amount of LTC benefits she wants, but she's not sure.  She's also concerned that the company she wants won't accept her.  She wants to know what people do when in this predicament.  What steps can we take to ensure we have the right amount of benefits with a company that is most likely to approve our application?  Diane shares her insight and experice in these situations.

S3 E17 · Tue, January 25, 2022

Interview with Psych-K facilitator and author Judy Kane

Diane interviews Judy Kane, Psych-K facilitator and author of "Your 4 Truths: How beliefs Impact Your Life".  Judy coaches her clients to quickly recognize and adjust false beliefs and to perceive new truths that can help them to make better every day and life decisions.  When planning for future LTC needs, it's sometimes difficult to make decisions about things we don't want to happen.  We learn from Judy how to see what is preventing us from making decisions about our own future while we design a roadmap for our family to follow.

S3 E15 · Tue, January 11, 2022

Case Study 1 Annuity LTC

This week, Erin can't qualify for traditional or hybrid LTC insurance due to health.  We share her background and financial position as well as the solution we designed together to help cover potential long term care needs.  All the numbers shared are hypothetical as there is no way to predict actual future returns. If you've been declined for LTC insurance, alternative options may be available

S3 E14 · Tue, January 04, 2022

If one company declines me, will all other companies do the same?

We're making some changes.  We'll still answer one question each month, and in the following three weeks, Diane will share case samples of client's she has helped, how LTC insurance is really not for us but for our families - to help them navigate our LTC crisis, and we'll bring back one guest in a related field each month.  This week, Carla was declined by a company recommended by her bank and wants to know if every company will now decline her.  Please listen, like, share and subscribe.  And check out Podnods to hear more valuable podcasts that they are helping to promote.

S3 E12 · Wed, December 22, 2021

Wrapping up 2021!

This week, I want to thank all our listeners for your support and especially for the great questions you asked all year long.  It's because of you that this podcast is helping families to learn how to prepare for the enormous risk of needing extended care from an accident or illness, or when we simply live long enough to get old.  The best gift you can give your family is a plan to protect them when life doesn't go as planned.  I'm thankful the God led me to be able to help design these plans.  Merry Christmas and happy holidays!  We'll meet again next year!

S3 E11 · Tue, December 14, 2021

If I have enough money, do I really need LTC insurance? Part 3

This week, Diane shares that assets don't pay for LTC needs; income pays this as LTC services create a bill, or invoice that must be paid weekly or monthly.  If we don't have enough income, we need to sell assets to create income.  Diane shares some of the financial consequences when we rapidly start selling assets to fund an extended care need.

S3 E10 · Wed, December 08, 2021

If I have enough money, do I really need LTC insurance? Part 2

This week, Diane discusses why covering the "average" 2.5 year LTC need may not be enough to protect your family.  500,000 families will be hit by Alzheimer's disease in the next 12 months, turning their whole family upside downin an instant.  People with Alzheimer's live anywhere between 3-11 years, and sometimes for 20 years or more.  Today, dementia care can cost more than $10,000/month.  How long can our families support this need?  The time for planning is before something happens!

S3 E6 · Wed, November 10, 2021

How does the Alternate Plan of Care work?

This week, Susan in Minnesota wants to know how the Alternate Plan of Care clause works in a long term care policy.  Diane first shares what a Plan of Care is and then shares some examples of when the alternate plan of care clause helps both the carriers and the policy holders.  Some contracts include this clause and some don't.  It depends on what type of plan you have and when it was placed in force.  Read your policy.  Ask me for help if you don't understand what it says.

S3 E5 · Tue, November 02, 2021

Doreen's last chapter

It's been a rough couple of weeks since Paul's mum went to be with the Lord, but we're both getting through this and getting from this season.  Diane shares how the last several months have been and how having a long term care insurance plan in place helped the whole family as we worked to honor Doreen's desire to live at home to the end...it almost happened because she had a plan and two goals - to not burden her son and to leave him her legacy. Today, we cry and smile through treasured memories.

S3 E4 · Wed, October 27, 2021

Gotta pause....

We're having a rough time this week, and likely for several weeks or longer as Paul's mom died last Thursday.  She made it to 90, and thanks to her LTC plan she was able to live at home with help until the last month or so.  Don't know how long this funk will last, but my goal is to be back to answering your questions next week.  Thank you for listening and for your commitment to learn how to protect your family through an extended care need.

S3 E2 · Tue, October 12, 2021

Why can't I just get a quote online like with other insurance?

LTC insurance is not like any other insurance as we need to work with so much uncertainty when designing a plan.  With property insurance, we assess and insure the value of the property.  Health insurers have tremendous negotiating power to keep costs down when we go to the hospital.  LTC insures and pays what we as individuals have contracted them to pay.  Diane shares what decisions go into planning so each family can obtain coverage that is meaningful to their unique needs, usually 20-40 years from the date of purchase.

S3 E1 · Tue, October 05, 2021

What does Contingent Non-Forfeiture mean? Is it on every LTC plan?hat does Contingent Non-Forfeiture mean? Is it on every LTC plan?

Welcome to season 3!!!!  Steven in New Jersey asked about contingent non-forfeiture.  He wants to know if every LTC plan has it.  Diane shares what both the contingent NF rider is as well as the optional NF rider that you can add to a traditional Tax-Qualified LTC plan.  Hybrid or linked benefit plans have a cash surrender value rather than non-forfeiture.  Listen and learn how they differ, and how this all works when used.

S2 E52 · Tue, September 28, 2021

My husband's LTC insurance will end next month. What can I do to keep it active?

Although Maria's husband has used over $393,0000 on LTC benefits over the last 5 years, it wasn't enough.  He still needs help with dementia, and they will need to start spending down assets until he qualifies for Medicaid.  With Alzheimer's disease in his family, they know now that spending another $40,000 on LTC insurance would have saved them not only $100K+ today, but also would give them more control over where he will recveive care for the rest of his life.  Learn from their mistake so you and your family can be Prepared for Tomorrow.

S2 E49 · Tue, September 07, 2021

What is Restoration of Benefits? What other optional riders are available?

There are optinal benefits with many  LTC plans.  How do they work and which are more useful and useble than others?  Diane shares optional benefit options that used to be offered and also which ones to consider seriously if you are planning today.  Please join us on Thursday, Sept 9th at 10 AM pst/1 PM est for a Zoom webinar "Women and Long Term Care"  we will be addressing many questions that women have about LTC and LTC insurance.  Register here 

S2 E47 · Tue, August 24, 2021

Will using the LTC benefit decrease the death benefit? How?

Nicole wants to know how using the LTC benefit will affect the death benefit in a life/LTC combo product.  Diane shares some different ways the insurance companies design these plans and how they pay.  Plans and benefits need to match the goals of the policy owner and their family.  Let's discuss what kind of plan will work best for you.

S2 E46 · Tue, August 17, 2021

Coming soon to a state near you...

I'm amazed at how many people in the last week have told me they wish they would have taken the new Washington tax, or WA Cares Act more seriously sooner, when more options were available from insurers.  Today, in Washington, there are only a few companies offering limited LTC coverage options.  Other states are watching to see if the WA plan will work, and several are already developing drafts for their own state as every state is working to figure out how to afford to provide for those who can't or won't plan for themselves.  Don't wait until your state throws everyone into a panic to "hurry up" and buy LTC insurance without first educating yourself, and then designing a plan that meets your family's needs.

S2 E44 · Tue, August 03, 2021

Can a corporation pay AND deduct LTC premiums for key employees?

After last week's episode on tax deductibility of LTC insurance premiums, we received multiple inquiries about taxes and C corporations paying for LTC insurance for some key employees.  This is apparently a HOT TOPIC!!!  Yes, corporations can often deduct premiums paid for employees, the employees receive LTC coverage with tax free benefits, and the employee's gross income is not increased by this employer benefit.  Listen and learn how this strategy works and ask us to help you decide if this can be offered to your employees.

S2 E41 · Wed, July 14, 2021

Can I put my assets into a trust and ask Medicaid to pay for my LTC?

Maggie wants to know if she can place assets into a trust and qualify for Medicaid to pay for LTC needs.  That is a complex question, and Diane shares how that strategy compares to using LTC insurance to pay.  Every strategy has advantages and disadvantages, and we need to carefully consider each when making these important decisions that can protect our family, assets and choices.

S2 E39 · Wed, June 30, 2021

Celebrate Independence!!!

When life throws a curve ball, and completing common tasks becomes complicated, having a plan in place to help us live independently in our own home is more important than ever! Diane shares some of what she is going through personally and how people can be prepared for that tomorrow when help is needed.  With LTC insurance,, we can honestly tell our families they can maintain their lives while our own LTC support system is there to help us stay independent.

S2 E38 · Tue, June 22, 2021

If I don't need care for 30 years, how do I choose a company today?

Beth with the Community Food Pantry in Tampa, Florida, wants to know how to be sure that a company today will be her best option for LTC coverage in 20-30 years.  Diane shares some history in the LTC industry that will help people be confident with their choices.

S2 E37 · Tue, June 15, 2021

When I met Alzheimer's face to face

I've had some circulatory concerns for the last week or so.  I'm working with my medical providers to determine the cause as I have tingling in my fingers and toes and some numbness there and in my mid section.  I'm doing better today after some acupuncture yesterday.  I've also had many additional clients ask me for help recently.  In light of all of this, we didn't have time to record this week, so I am re-posting one of my first episodes in which I share why I chose this profession and why I love helping people.  Thank you for understanding.

S2 E36 · Tue, June 08, 2021

Our own LTC journey continues...

Instead of answering a question this week, Paul and I share how his mom is doing at 89, with Parkinson's disease and 70 hours of home care help every week.  We are all so thankful that she owns LTC insurance and that she has choices.  Listen and learn how that has helped all of us be prepared for this tomorrow.

S2 E35 · Tue, June 01, 2021

I'm only 28 and need to opt out. What can I do?

Washington state has a mandatory LTC tax, and to opt out you need to have your own LTC insurance in place by 11/1/2021.  LTC insurance companies aren't accepting applications under age 30, so what tools are available for a 28 year old?  Diane shares details on the tax, why insurers are concerned, and what young people can do to both avoid the tax and protect their families from extended care needs.

S2 E32 · Wed, May 12, 2021

How do I qualify for a preferred health discount?

This week, Janna in Kansas wants to know how to qualify for the best rates available for LTC insurance.  Diane shares how insurance carriers view our health histories and our potential for needing LTC services in the future.  She also shares stats of how many applicants qualify for the best health rates.

S2 E30 · Wed, April 28, 2021

What does LTC insurance cost? Then I would know how much to get

This week, Jonathan in Kansas asked Diane to tell him how much LTC insurance costs so he would know how much he wants.  Insurance is different from most other products in that we need to decide what we want before we determine the cost.  It's not a cost per unit like a grocery product.  Diane shares decisions that must be made to customize a plan to protect your family, choices and savings.

S2 E28 · Wed, April 14, 2021

How long is a typical nursing home stay?

This week, Gayle in California is asking how long people typically live in a nursing home. Diane shares that how care is funded often determines this answer.  Whoever is paying the bill decides where we live.  When that person is us or our own insurance, we can decide.  When it's the state paying, we lose control and live where we're placed.

S2 E27 · Wed, April 07, 2021

Will Medicare payments for skilled care go toward my LTC elimination period?

Jane wants to know if Medicare and other health insurance payments for skilled care services will count toward meeting her LTC  insurance elimination period (EP).  Listen as Diane describes the EP, how it works and who can pay it.  Some EPs are set by the insurer, and some are selected when we apply for coverage.  

S2 E26 · Wed, March 31, 2021

What's the difference between long term care and hospice care?

This week, Lisa in Arizona asks about long term care services vs. hospice care services.  Diane shares details of three types of care, custodial care, acute care and palliative care, where we see these and how they can work together in some scenarios.  Each type of care can be funded from different sources, so it's important to understand these key differences.

S2 E25 · Tue, March 23, 2021

How can I avoid paying the LTC Trust Act tax?

Even if you don't live in the state of Washington, this is relevant as other states are watching and learning.  This is the first state to implement a mandatory tax for all w-2 employees in the entire state.  This tax will fund a trust that will pay up to $36,500 for long term care provided in the state by state approved providers.  The only way to opt out of this tax is to have your own LTC plan in place prior to July, 2021.  49 other states are watching to see if Washington's revenues increase with this new tax.  If this state found a way to increase revenue and help reduce Medicaid spending on nursing home care, you can be sure others will follow, without regard to what the people want.

S2 E24 · Tue, March 16, 2021

Why might someone be rejected for LTC insurance?

This week, Kim in Illinois asks what kinds of health risks will cause someone to be rejected for LTC coverage.  Just like with most kinds of insurance, we need to be at an acceptable risk in order to qualify for coverage.  If we are in average good health, we are likely to be approved, but there are some potential risks that LTC insurance companies won't accept.  Their primary obligation is to protect those who already have coverage.  In order to keep the overall risk of a group of insureds (clients) "clean", and to keep their commitments to current clients, insurers need to carefully decide who is or is not a good risk.

S2 E23 · Tue, March 09, 2021

What about taxes?

Two questions about taxes this week:  Barbara Sekely with Waddell & Reed in Tampa, Florida, wants to know about tax benefits and issues with LTC insurance, and Tina in Washington wants to know why her state will start taxing her in 2022 for a state funded LTC plan. Other states are likely to follow Washington if state revenues increase, so we may be paying for LTC coverage one way or the other.  Planning ourselves allows us to design a plan we want and to receive care where we want.  With the state plan, coverage is limited, and you must use approved providers.  It's time to start paying close attention...

S2 E21 · Tue, February 23, 2021

Can I use my 401(k) to fund an LTC plan?

This week, Bill asks if he can avoid paying taxes on 401 (k) withdrawals to pay for LTC insurance.  Diane shares how tax-qualified accounts can be used to build tax-free long term care benefits.  There are a lot of numbers in this episode, so you may want to listen twice to take it all in.  The concept is more important than the numbers.

S2 E20 · Tue, February 16, 2021

What happens when LTC insurance runs out?

This week, Dawn Hudson with Bliss Wellness Market in Tampa, Florida, asks what happens if we still need help after our LTC insurance has been exhausted.  Diane shares both what happens and how to be prepared if we outlive our coverage.  For asking, we'll send Dawn a gift to say thank you for contributing to help us help others who don't know what to ask.  

S2 E18 · Tue, February 02, 2021

How do I choose a home care agency?

This week, Jackie in Pensacola, FL, asks how to select the right home care agency for her mom's needs.  Diane shares several questions that need to be asked when interviewing agencies.  Having LTC insurance allows us to choose where we live when we need help living.  Most of us would choose "home" if given the opportunity.  LTC insurance provides that opportunity.

S2 E17 · Tue, January 26, 2021

Is all underwriting the same?

This week, Steve in North Carolina wants to know if all LTC insurance companies use the same underwriting guidelines to determine eligibility.  Listen as Diane shares how LTC underwriters use our health history to make decisions.

S2 E16 · Tue, January 19, 2021

How do I open a claim for my parents?

This week, Cindy asks how to go about opening a claim for her parents LTC needs.  When is the right time to contact the insurance company?  What happens when a claim is opened?  For asking, we'll send Cindy a gift to say thank you for contributing and asking questions that provide the answers we need when life throws a curve ball.  

S2 E15 · Tue, January 12, 2021

Is there affordable LTC coverage if I lost income/employment during the pandemic?

This week, Carmen Palogruto with Cruise Planners asked what LTC options are available for people rebounding from a loss of income or a job loss due to the pandemic.  Listen as Diane shares some ideas on how to build plans over time.  

S2 E14 · Wed, January 06, 2021

Will a revocable trust protect my estate when LTC is needed?

This week, Norman in Florida shared that he and his wife recently updated their revocable trust and wants to know if that will protect their estate if long term care is needed.  Listen as Diane shares some insight about trusts and LTC plans.  Full disclosure, Diane is not an attorney, but she works with many when designing plans for her (and their) clients.  As a thank you, we'll send Norm a gift for asking.

S2 E13 · Tue, December 29, 2020

Thankful to move on to 2021

Diane shares what's changed in the LTC industry in 2020.  How are consumers responding to these changes?  How does the Secure Act affect our LTC planning and funding strategies going forward?  

S2 E12 · Tue, December 22, 2020

Can someone age 81 get LTC coverage?

This week, Sharon and her daughter Michelle want to know if there are any insurance options for a healthy 81 year old.  Listen to Diane's reply and ask your questions so we can continue to help others learn how to Prepare For Tomorrow.  Merry Christmas to you and all whom you hold dear in your hearts.

S2 E11 · Tue, December 15, 2020

Will LTC insurance pay for home care only in my own home?

This week, Joy asks if she can use her LTC plan to pay for home care if she lives somewhere other than the home where she currently resides.  Specifically, she wants to move to a Continuing Care Retirement Community (CCRC).  Diane shares how LTC insurance pays for home care services.  What questions do you have?  When you ask, you are helping us to help others who also want to learn how to protect their family from the immeasurable cost of an extended care need.

S2 E10 · Tue, December 08, 2020

When is it too early to buy LTC coverage?

This week, Quint Bodine with Heartland Payroll Service asks when is it too early to buy LTC insurance. Please like, review, subscribe and share so others can learn how to protect against this immeasurable risk.  We'll send Quint a gift to say thank you this week, and we can send one to you if we use your question in a future episode.  Ask at  

S2 E9 · Tue, December 01, 2020

What's the benefit of a single pay linked benefit plan?

This week, Diane continues answering Jennifer's question from last week and discusses single pay linked benefit or hybrid plans.  There are multiple companies that offer these plans, and they all look a little different. For time's sake, we only discuss one company and one combination of benefit options here.  Go to to request a free consult from the Contact Us tab to learn if and what options are best to protect your family.

S2 E8 · Wed, November 25, 2020

What's the benefit of a single pay LTC plan?

This week, Jennifer in Illinois inquires about the value/benefit of a single pay LTC plan.  There are a few advantages to paying a lump sum up front, which Diane shares in this week's episode.  For asking, we'll send her a gift to say thank you for helping us help others.  Ask your question at and we'll send you a thank you gift as well.

S2 E7 · Tue, November 17, 2020

Is there a plan that can help my wife, who is in a wheelchair?

This week, Don wants to know if there is an LTC plan that can help his wife, who is not eligible to buy her own policy.  Diane shares options that can help Don's wife when he is on claim so that both of them can access his benefits.  For asking, we'll send Don a thank you gift.  Ask your questions at the Contact Us tab at and we can send you a thank you gift as well.

S2 E5 · Tue, November 03, 2020

How much does LTC cost?

This week, Brenda wants to know how much long term care costs.  She wants to know what financial risk her family would take by not having a plan and a funding strategy in place.  For asking, we'll send Brenda a thank you gift.  Ask your question from the contact us tab at Please listen, subscribe, comment, like and share

S2 E4 · Tue, October 27, 2020

What is an elimination period? How does it work?

This week, Mike in New Jersey asked how the elimination period works.  Is it cumulative? Do I have to pay it every time I access LTC benefits?  Diane affirms that many people are confused by the elimination period in a long term care insurance plan, and she shares how it is different than other deductibles used in other types of insurance.   We'll send Mike a gift to thank him for bringing important questions and answers to our listeners.  Ask your question  at so we can thank you, too.

S2 E3 · Tue, October 20, 2020

Why is there a waiting period if I change medication?

This week, Liann in Tampa, Florida, askes why she has to wait to apply for LTC insurance because her doctor recently adjusted the dosage of a medication she takes.  Diane shares why stability is important to the insurance companies and why waiting a few months can help us obtain a favorable decision, ie: approval for coverage.

S2 E2 · Tue, October 13, 2020

Pain is the Motivator

This week, Diane talks with Dr. Tommy Lane with Lane Family Wellness & Chiropractic.  He shares that pain is the motivator for people to come see him.  We wait until life is disrupted and then want a quick fix.  Wellness care involves maintenance to prevent acute pain from becoming chronic.  Planning for future LTC needs is similar in that we naturally want to wait to spend money on something we hope never happens.  In both cases, waiting creates bigger problems and  bigger expenses.  

S2 E1 · Tue, October 06, 2020

How much is enough LTC insurance?

This week, Trish asks how much is enough insurance when LTC is needed.  Diane shares some planning ideas she works through with her clients to determine just how much is enough.  For asking, we'll send Trish a thank you gift.  Ask your question at using the Contact Us tab.

S1 E28 · Tue, September 29, 2020

How does COVID - 19 affect the LTC industry?

This week, Mary asks how COVID affects her ability to buy an LTC plan and  how the industry may be changing.  As a thank you for asking, we are sending Mary a thank you gift.  Ask your question at so we can thank you as well.

S1 E28 · Tue, September 22, 2020

You Drive...We Navigate

This week, Diane shares her process to understand her clients and  help them navigate through a somewhat confusing assortment of options when designing a long term care plan.  She interviews Renee Brunelle with Pathfinders Downsizing Solutions and explores how to best transition from home to a senior living environment that still feels like home.

S1 E27 · Tue, September 15, 2020

Will insurance companies help my family find help when I need it?

This week, Sue from Seattle, WA, is concerned that her son will need help getting questions answered and finding care providers when she goes on claim.  She wants to know if insurance companies will help.  For asking, we'll send Sue a thank you gift.  Ask your questions at and we can thank you for helping us guide families to be protected against the immeasurable risk of needing extended care.

S1 E26 · Tue, September 08, 2020

Can I stop the benefits and restart later?

This week, Robyn from Englewood, Florida, asks a two part question:  If she stops needing LTC benefits, can she stop and restart them later?  And if she does, will she need to pay another deductible?  For asking, we'll send a thank you gift to Robyn this week.  Please ask your questions at click the contact us tab and ask in the remarks section.  We will be sure to thank you as well.

S1 E26 · Wed, September 02, 2020

Seek an Expert

This week, Diane shares why it's important to seek out an CLTC professional when considering our LTC planning options.  She welcomes Jennifer Jenkins with Rooted Holistic Health back to help us learn how to find answers based on facts rather than opinions, and to understand why we need to prepare for a long life.

S1 E25 · Tue, August 25, 2020

Is there an overlap with Medicare and LTC insurance?

This week, Ron & Gloria ask if there is any overlap between what Medicare pays for care and what LTC insurance pays.  People often get confused in this area, and Diane answers with an example from her own family. Thanks Ron & Gloria!  Your thank you gift is on the way!  Ask your question in the Contact Us tab at www.preparing4tomorrow.com

S1 E24 · Tue, August 18, 2020

What is an LTC Partnership Plan?

This week, Kirstin asks about Partnership Plans. She asks if this is when two people partner to share the plan's benefits?  We will send a thank you gift to Kirstin for asking.  Ask your question at at the contact us tab, and we'll send you at thank you gift.

Wed, August 12, 2020

Can my spouse use my plan if I don't?

This week, Joe in Orlando asks if his wife can use his LTC plan if he never needs extended care.  Diane shares multiple options that let spouses share benefits.  We're sending Joe a thank you gift for asking.  Ask your question at or during the Q&A part of our Zoom webinar this Saturday at 9 AM.  Use the Contact Us tab to request a link

S1 E22 · Wed, August 05, 2020

Prepare to be generous

This week, Diane shares how her client, Bob, used LTC coverage to create dedicated funds for care so he can be more generous with the rest of his portfolio and never wonder if he has enough to do both.  This is also Part 2 of the Bridging Freedom interview where we learn of success in the program and how we can generously help Laura Hamilton walk with rescued girls over a bridge to freedom.

S1 E21 · Tue, July 28, 2020

Building Bridges

This week, Diane interviews Laura Hamilton and Alan Wilkett with They discuss the Bridge that God has helped them build to help young girls rescued from sex-trafficking right here in our community.  Diane also shares an LTC funding strategy that young retirees can use to build a tax planning bridge to cross successfully from early retirement to full social security (age 70) and RMD age (age 72)

S1 E19 · Wed, July 15, 2020

What's the youngest age to buy LTC insurance?

This week, Kelsey Leggett with Jaffe Tilchin Insurance in Tampa Florida, askshome if we can ever be too young to buy LTC insurance.  What is the youngest age it is available?  For asking, we'll send Kelsey a thank you gift.  Ask your question, at and we'll send you a gift, too.  Someone else likely has that same question and is afraid to ask.   Help 'em out!

S1 E18 · Tue, July 07, 2020

Is it ever too late to buy LTC insurance?

This week, Mary Nash with The Advisor Magazine in Tampa, Florida, asks if it is ever too late to buy long term care coverage.  We'll send Mary a thank you gift for asking.  Ask your question at from the Contact Us tab.

S1 E17 · Tue, June 30, 2020

When caregivers get help helping...

This week, Diane interviews Mark Hamid with FirstLight Home Care.  Mark has licensed caregivers helping Diane's mom-in-law currently, and it is such a blessing for the whole family.  Diane shares how when families have help caring for a parent or loved one in an extended care situation, everything is a little bit better. Families stay whole and together during uncertain times.

S1 E15 · Tue, June 23, 2020

Do I need to get a new policy after 3 or 5 years?

This week, Sandra asks if she will need to buy a new policy in 3 or 5 years if she buys a 3 or 5 year plan. We'll send Sandra a thank you gift for asking.  Submit your question via the Contact Us tab at and we'll thank you with a gift, too.

S1 E15 · Tue, June 16, 2020

Can I use LTC insurance to pay my daughter?

This week, Sharon, from Clearwater, Florida, asks if she can use her LTC insurance benefits to pay her daughter to provide care for her.  Thank you for asking, Sharon, and watch for your thank you gift in the mail.  To have your question answered in a future, ask from the Contact Us tab at . We'll be sure to send you a thank you gift as well.

S1 E14 · Tue, June 09, 2020

Do I need a physical to get LTC insurance?

This week, Pete from Tampa, Florida, asks how insurance companies decide if you qualify for coverage.  As a thank you, we are sending Pete a gift.  Your questions help us to bring you the content you want in each episode, so please use the Contact Us tab at to ask your question.   Likely, others want to know, too.

S1 E13 · Wed, June 03, 2020

Quality of Life

This week, Diane interviews Dr. Tommy Lane with Lane Family Chiropractic & Wellness.   They discuss how making wise choices today and developing good habits today can help us to stay in control of the quality of our lives during our later years.

S1 E12 · Wed, May 27, 2020

Do I have to go to a nursing home with LTC insurance?

This week, Joan in Wichita, KS, asks if she needs to go to a nursing home to be able to use her LTC insurance.  We'll send Joan a thank you gift for asking.  Ask your question at the "Contact Us" tab at  

S1 E11 · Wed, May 20, 2020

What does Medicare pay for?

This week, Vicki in South Dakota asks how Medicare works in a long term care situation.  Thank you, Vicki. Ask your questions from the "Contact Us" tab at and we'll send you a thank you gift.

S1 E10 · Wed, May 13, 2020

You have questions...we have answers 2

This week, William in Illinois asks about the "right" amount of LTC insurance.  Thank you, William.  If you have a question, ask from the "Contact Us" tab at and if we use your question in an episode, we'll send you a thank you gift.

S1 E9 · Wed, May 06, 2020

You have questions...we have answers...Age

This week, Diane answers a question from Paul in Wellington, Florida.  To ask a question, click on "Contact Us" at If we use your question in an episode, we'll send you a thank you gift for asking.  Thank you Paul.

S1 E8 · Wed, April 29, 2020

Better...Calmer...More Restful

In this episode, Diane interviews Michael Maniscalco with Your CBD Store in Carrollwood (Tampa) Florida.  We discuss how quality CBD can help with stress, sleep, pain and aging. Diane shares how long term care insurance is helping her mom-in-law right now to be able to stay home with quality care provided by licensed, bonded, and trustworthy CNAs.  With insurance, our family  has less stress and better sleep knowing that assisted living and nursing homes can be avoided during the COVID-19 pandemic. God willing, mom can stay at home for the rest of her life!

S1 E7 · Wed, April 01, 2020

Interview with my husband/producer

The COVID-19 pandemic made my husband, Paul Stoddart, my only available interview.  Turns out, we had so much fun and laughed a lot (we had to edit some of it out).  I hope you also enjoy our conversation as we share what it takes to create a really great podcast and how he can help you continue to reach your people during this crisis.  We share why it is important to work with a specialist in both of our fields who can also keep the work light-hearted and fun.  Enjoy!

S1 E6 · Thu, March 12, 2020

When Health Interrupts Our Plans

This week we find differences in planning for vacations and planning for our LTC needs.  We learn from Carmen Palogruto with Cruise Planners that there are tools available to change travel plans for medical and other reasons.  A LTC event cannot be postponed until convenient or affordable.  It happens when it happens, and we need to be prepared for that tomorrow.

S1 E5 · Wed, February 26, 2020

Advocate vs. Salesperson

In this episode, Diane interviews Jennifer Jenkins with Rooted Holistic Health.  She and they discuss the importance of having a true consultant go to bat for you.  This is relevant when striving toward optimal health today as well as when planning the final chapters of life, when it becomes difficult to do things that used to be overlooked.  For when simple tasks like dressing and getting up from a chair become painful or complicated.

S1 E4 · Mon, February 10, 2020

Seamless transitions

In this episode, Diane interviews Janeen Salzgeber with Pathfinders Downsizing Solutions.  We learn that both insurance and move managers help us to transition to a new lifestyle when care and support are needed, and we can still feel like we're at home.  In addition to the dedicated funds to pay for care, the help to us and to our families at these times is priceless!

Sun, January 26, 2020

LTC and Estate Planning

In this episode, Diane interviews Deborah Glover-Pearcey with Estate Law 2 Go, PA.  They discuss the importance of preparing 4 tomorrow to protect your family from financial, emotional and physical consequences of not having a plan.

Wed, January 15, 2020

When I Met Alzheimer's Face to Face

Diane share's her family's story of how her grandparent's fight with Alzheimer's disease led to her passion to help other families prepare early and reduce the resulting financial, emotional and physical consequences of not having a plan.

Tue, September 10, 2019

Why is planning important?

This week, we are sharing why it is important to plan ahead for future long term care (LTC) needs.  We discuss what LTC is and how proper planning can help to mitigate the risk of a costly extended care situation.   Remember to subscribe to our show!