Our Blog

Managing a loved one’s finances after their Alzheimer’s diagnosis

August 2019

According to the Alzheimer’s Association, one in three seniors dies with Alzheimer’s or another form of dementia. As the population age 65 and older increases, the number is only expected to increase over the next decade. Bankrate has curated an Alzheimer’s and Dementia financial planning guide outlining the potential costs you or your family may […]

Wisconsin Public Radio (WPR) Presents Long Term Care Solution for Farmers

May 2017

Aging farmers worry about what will happen to their family farms once they’re gone. Some of those farmers are specifically worried about what the future holds for their farm if they are to need long term care. Many farmers wish to pay their own way. They do not want to put a heavy financial burden […]

Assisted Living Payment Options

May 2017

As our loved ones near the stage of their lives where they may need long term care, it is important to be educated on how you can ensure they will receive the care they need without putting yourself or your loved ones in financial distress. In an article by SeniorsMatter.com, payment options and how assisted […]

5 long term care planning lessons from Willy Wonka

February 2017

The image of four-bedridden grandparents is one of the most memorable scenes in the classic Willy Wonka and The Chocolate factory film. This scene and depiction of what it’s like to care for elderly loved ones who are bedridden teach the five following lessons on why it is important to invest in long term care insurance: Most people […]

Can you help isolated seniors this holiday season? Learn about Gifts for Seniors!

November 2016

When we discuss long term care planning and family caregiving, we can sometimes overlook those who don’t have a support network of friends and family who can look out for them. Isolated seniors are often forgotten during the holiday season. That is why Newman Long Term Care is partnering with a metro area charity, Gifts […]

Don’t face long term care planning alone!

November 2016

Are you a Senior? Single? No kids? You’re not alone. There is an increasing number of people finding themselves planning for long term care with no spouse or children to take care of them. If you are finding yourself faced with this problem, we can help. Check out this recent Wall Street Journal article on the […]

Tax-Friendly Ways to Pay for LTCI

August 2016

Below are 4 ways that can make long term care insurance more affordable through tax-advantages: Tax-free withdrawals from an HSA (health savings account). Deduct long-term-care premiums as a medical expense. Make a tax-free transfer from an annuity. Make a tax-free transfer from permanent life insurance. For the full article and more information on these tax-friendly […]

The New Faces of Long Term Care Planning

February 2016

From our client newsletter: Think long term care planning is just for older people?  Think again! Here are just a few of the celebrities who are turning 50 in 2016.  If you know anyone who was born in the 1960s, let them know that now is the time for them to explore their planning options […]

Do you ever walk into a room and can’t remember what for?

February 2016

From our client newsletter: If you do, you’re not alone… A recent study reveals that this concept is called event boundary. Your brain takes the thoughts you have in one environment and files them away. So, when you are going from one room to the next, it’s easy to forget what you are looking for […]