A number of people are likely facing the need for long term care have no such insurance but have established irrevocable life insurance trusts (ILITs) to provide estate tax liquidity they no longer require. The solution to this predicament for those people may be the repurposing of their ILITs to provide long-term care.
NAIFA’s Limited & Extended Care Planning Center is from the collaboration of NAIFA and its sponsors. The site adheres to NAIFA’s anti-proselytizing policy and NAIFA code of ethics to which all members ascribe. To learn more about NAIFA, visit NAIFA National’s website