Everyday in this country, 10,000 “baby boomers” turn 65 at a pace that will continue uninterrupted for the next twenty years. The US Government reports that approximately 70% of people who reach age 65 will require some form of long term care. As seniors and their families, many times operating as caregivers, address the challenges associated with aging, one common issue they all face is the financial responsibility associated with paying for the cost of long term care. LTC Funding is a marketing organization working with local senior trusted advisors long term care facilities and providers in exploring alternative long term care funding “options” for seniors and their families.
LTC Funding, LLC is a consulting group dedicated to interacting with Long Term Care Facilities, such as Memory Centers, in sourcing long term care funding solutions for their prospective residents and caregivers. We believe over 90% of seniors and their children do not realize life insurance is an asset, and as such, can be converted or sold in an open and fair secondary market with the proceeds used to pay for long term care costs.
We are a marketing organization that is committed to sourcing "non-traditional" funding options for seniors and their families, regarding the ability to pay for long term care.
Our objective is to provide an understanding as to the basics of utilizing a life insurance policy as a "living option". Over a hundred years ago, the United States Supreme Court ruled that a life insurance policy is an asset that can be converted or sold in an open and "fair" secondary market just as any other asset such as real estate or securities.
Through this website and our newsletters, we will illustrate how a life insurance policy, through a regulated life settlement transaction, can be converted by seniors into a long term care benefit.
Watch our presentation and learn more about this.