Are shared LTC plans the same as Partnership plans?

This week, Jen asked if she and her husband can own a long term care plan together and share the benefits with each other.

She asked what happens if one person uses all the benefits.

And what happens if neither of them need extended care services.

She wants to know if it would be better to have two separate plans or share one and can they be each other's beneficiary.

She also asked if this is the same as LTC Partnership.

Listen and then schedule with me to design a plan to protect your loved ones if you need extended care at home, in assisted living, in memory care or elsewhere schedule here

See current and projected costs of carfe where you live here

Learn what your state Medicaid program lets you keep and qualify for government funded care here