Achieve Your Estate Planning Goal with Long-Term Care Insurance

When I ask clients their number one estate planning goal, nine times out of ten they'll say,  I never want to be a burden to my children.  We parents see ourselves as caretakers - not the cared-for.

One of the best ways to maintain your independence is through long-term care insurance. Here's a timely tip: Right now in Florida, John Hancock policies are a relative bargain compared to other company's policies. But Hancock is catching up to the industry. Effective June 7, their Custom Care II policy will become their Custom Care II Enchanced Policy -- and rates will rise anywhere from 20 to 30%. See your insurance professional without delay if you want to pursue this opportunity, because the application must be in Hancock's hands by midnight June 6. If your policy qualifies, you'll also be able to take a tax deduction on your premiums. Read about the tax breaks  here.