What would happen if you needed help with daily activities or ongoing care? Do you want to stay in your own home, or move somewhere that offers support?
Research shows that 84% of people prefer to receive care at home — surrounded by familiar faces and comfortable surroundings. But maintaining that independence takes more than intention; it requires planning and funding.
Why Long-Term Care (LTC) Coverage Matters
Long-term care coverage helps ensure you have the freedom to choose how and where you receive care — whether at home, in assisted living, or another setting that fits your lifestyle.
The Myth: Most people believe that health insurance or Medicare will cover Long Term Care Costs. The truth is:
- Health insurance rarely covers long-term care.
- Medicare pays for care only up to 100 days — and only under strict qualifications.
- Medicaid requires applicants to spend down their assets to $2,000 or less, and often restricts care to nursing homes.
The Truth: Long Term Care Coverage Has Evolved to Provide Flexibility and Control
- Cash benefits you control. Use your benefits for home care, assisted living, or even care provided by family.
- Predictable premiums. Your costs can be guaranteed not to increase.
- No “use it or lose it.” If you never need care, your investment can pass on to your beneficiaries as a death benefit.
- Optional inflation protection. Add coverage that keeps pace with rising care costs.
- Flexible payment options. Choose payments that work for your budget.
Planning Today Protects Tomorrow
Long-term care coverage is more than a safety net — it’s a strategy to maintain independence and protect family resources. By planning ahead, you ensure that care decisions stay where they belong — with you and your loved ones.
Take time now to prepare, so you can focus on what truly matters later: living life on
your own terms.
This commentary reflects the personal opinions, viewpoints and analyses of the Legacy Trust & Capital Partners employees providing such comments and should not be regarded as a description of advisory services provided by Legacy Trust & Capital Partners or performance returns of any Legacy Trust & Capital Partners client. The views reflected in the commentary are subject to change at any time without notice. Nothing in this commentary constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. Legacy Trust & Capital Partners manages its clients’ accounts using a variety of investment techniques and strategies, which are not necessarily discussed in the commentary. Investments in securities involve the risk of loss. Past performance is no guarantee of future results.
