We understand how the advisory relationship with your clients is unique and the fiduciary duty you bear, so it's necessary for you to quantify the risk associated with Long-Term Care (LTC) and implement appropriate solutions to mitigate that risk.  

Quite simply, allowing the client to blindly "self-fund" that risk may put you in conflict with your fiduciary duty.  As such, you will have to encourage them to recognize that absent a formal LTC plan, ALL of your client's assets are allocated - by default - to healthcare expenses excluded by Medicare or insurance. 

The mandatory nature of LTC Planning makes it an integral component of estate and financial planning, "Self-funding" is a concept that fails to eliminate the need for proper risk mitigation and documentation.  You can encourage affluent clients to implement proper planning based on sound reasoning found here:  Don’t Go It Alone!  Why There Are Better Options Than “Self-Funding” A Long-Term Care Plan.  

LTC Planning presents a tremendous opportunity to impact your clients, and partnering with INERTIA will better equip you to engage them to maintain your fiduciary duty and raise your advisory services to a higher level.

Contact us for customized solutions to help you meet your client's LTC PLanning needs and maintain the fiduciary capacity with which you're entrusted.

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