LONG TERM CARE PLANNING FOR THE BUSINESS OWNER
by John B. Linvill, Jr., CSA ~ October 2012

• Asset protection on a tax advantaged basis and you do not have to include the employees
  
  
• Potential extent of asset protection: $3,000,000 – $5,000,000 per family
  
  
• Ability to create employee classes to discriminate and reward important employees
  
  
• Ability to customize insurance designs for specific employee classes
  
  
• Ability to obtain long term care insurance protection with Simplified Issue Underwriting–now most people are insurable
  
  
• Ability if desired to put in place a totally voluntary program for the remaining employees
  
  
• Obtain 5% discounts on premiums
  
  
• Ability to work with an experienced expert in long term care planning and insurance
  
  
• Filing Federal taxes as an S Corp, Partnership, C Corp or Sole Proprietor – take advantage of meaningful tax deductions

John B. Linvill, Jr., CSA ~ (610) 688-1587
www.jlinvillLTC.com ~ www.jlinvill.com

All Material ©2012 John B. Linvill Jr., CSA
Reproduction of this article is prohibited without the express written consent of the author.
Inflation calculations are based upon current economic statistics and estimates for the Philadelphia area.